History
Kentucky Utilities was formed in 1912 to serve five areas of Kentucky. In 1926, KU acquired Old Dominion Power. KU was acquired by LG&E Energy, parent of Louisville Gas & Electric, in 1998. This combination was then acquired by British utility company Powergen in 2000, and ultimately Powergen was bought by German utility company E.ON in 2003. E.ON renamed LG&E Energy as E.ON U.S. In 2010, E.ON U.S. was bought by PPL Corporation, who changed the name of the company to LG&E and KU Energy.
The use of the plural Utilities refers to the company's early sales mix of electricity and other utilities, including ice, which in its early days of mass-production, was made in some areas by electric utilities.
KU's facilities include Herrington Lake, near Burgin, Kentucky. It was formed in 1926 by constructing Dix Dam, which contained hydro-electric generators. The company's distribution dispatch is located in Lexington.
Read more about this topic: Kentucky Utilities
Famous quotes containing the word history:
“This is the greatest week in the history of the world since the Creation, because as a result of what happened in this week, the world is bigger, infinitely.”
—Richard M. Nixon (1913–1995)
“I believe that history has shape, order, and meaning; that exceptional men, as much as economic forces, produce change; and that passé abstractions like beauty, nobility, and greatness have a shifting but continuing validity.”
—Camille Paglia (b. 1947)
““And now this is the way in which the history of your former life has reached my ears!” As he said this he held out in his hand the fatal letter.”
—Anthony Trollope (1815–1882)