Mid-Kansas Electric Company
On April 1, 2007, Mid-Kansas Electric Company, LLC, closed the transaction that resulted in the acquisition of the Kansas Electric Network properties formerly owned by Aquila, Inc. The assets involved in this transaction were purchased for a base purchase price of $235.3 million. Aquila also sold its eight percent leasehold interest in the Jeffrey Energy Center (JEC) to Westar Energy. Under a separate power purchase agreement, Mid-Kansas now acquires 173 megawatts from JEC annually.