Evergy, a utility firm in Kansas and Missouri, has received approval from regulators in both states to proceed with a $2.75 billion infrastructure plan, which includes building three natural gas plants and two solar projects.

Evergy, a utility firm in Kansas and Missouri, has secured regulatory approval for a $2.75 billion infrastructure plan, including three natural gas plants and two solar projects. The approvals were granted by Kansas and Missouri regulators in early July 2025, following the company's 2024 announcement of the projects.

Evergy Missouri West has received approval for five new power facilities, including three gas turbine plants and two solar farms in Missouri and Kansas. The Missouri Public Safety Commission granted certificates of public convenience and necessity, allowing the projects to meet anticipated electricity demand.

Evergy, a utility company, reported an increase in its relative strength rating to 73, indicating improved market performance.

The article analyzes Evergy's financial performance, focusing on its recent earnings misses, capital investment plans, and equity offering. It highlights the company's $17.5 billion infrastructure project, revenue projections for 2028, and fair value estimates, while emphasizing risks related to cost overruns and funding challenges.