Watchdog group highlights Evergy

Public Citizen, a nonprofit, says that activist shareholders are influencing policy at Evergy.



July 6, 2021 - 9:33 AM

KANSAS CITY, Mo. — A consumer watchdog wants federal regulators to acknowledge the influence of activist shareholders on Evergy’s decision-making, mirroring a local push that Kansas regulators rejected. 

Public Citizen, a 40-year-old nonprofit representing consumers, is pushing the Federal Energy Regulatory Commission to recognize two investment firms as part of Evergy, arguing last year that one of the companies purchased shares “for the purpose of obtaining control over the company’s management.” 

Last month, Public Citizen once again insisted in a filing with FERC that Elliott Management Corp. and Bluescape Energy Partners be considered affiliates of Evergy after the company did not list them in response to an inquiry from the commission.

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