Paul Cole's questions to Evergy Inc (EVRG) leadership • Q1 2025
Question
Paul Cole of Bank of America asked about the stakeholder interest in the large load tariff proceedings and their importance for data center negotiations. He also sought to clarify the company's plans for potential equity issuance in 2025.
Answer
Chairman and CEO David Campbell described the tariff proceedings as having wide participation and being critical for negotiations, noting the dialogue with all parties has been constructive. EVP and CFO W. Buckler confirmed that while Evergy may access capital markets in 2025, any equity issuance would be structured with a forward component to settle in 2026 or later, resulting in no share dilution in 2025.