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Great Plains Energy Incorporat

Great Plains Energy Incorporated (GPE) is a publicly traded company based in the United States. It is an electric utility company that provides energy services to customers in Kansas and Missouri. The company was founded in 1897 and is headquartered in Kansas City, Missouri.

Great Plains Energy operates through its subsidiaries, including Kansas City Power & Light Company (KCP&L) and Empire District Electric Company. Together, these subsidiaries serve approximately 1.6 million customers.

GPE's stock is listed on the New York Stock Exchange (NYSE) under the ticker symbol "GXP". As of February 2023, the company has a market capitalization of around $5.3 billion.

Great Plains Energy has a long history of providing reliable and affordable energy to its customers, while also focusing on sustainability and renewable energy initiatives. The company has set a goal to reduce its carbon emissions by 80% by 2050.

GPE's financials have been strong in recent years, with revenue of $3.3 billion in 2020, up slightly from $3.2 billion in 2019. The company's net income has also been steadily increasing, with $215 million in 2020.

In terms of future growth, Great Plains Energy has several initiatives in place to help drive revenue and earnings. These include investments in renewable energy projects, such as wind and solar farms, as well as the modernization and upgrading of its grid infrastructure. Additionally, the company is exploring opportunities in energy storage and electric vehicle infrastructure.

Overall, Great Plains Energy is a well-established and financially sound company in the utilities sector, with a focus on sustainability and long-term growth. Investors looking for exposure to the utilities sector may want to consider adding Great Plains Energy to their portfolio.