Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Evergy Inc.    EVRG

EVERGY INC.

(EVRG)
  Report  
Delayed Quote. Delayed Nyse - 06/17 04:04:05 pm
60.26 USD   -0.68%
05/29EVERGY INC. : Ex-dividend day for
FA
05/08EVERGY : 1Q Earnings Snapshot
AQ
05/08EVERGY : Announces 2019 First Quarter Results
BU
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector news

Evergy : Pittsburg's Block22 project receives $100,000 donation from Evergy Inc.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/12/2019 | 06:47am EDT

Jan. 12--PITTSBURG, Kan. -- The Block22 development in downtown Pittsburg recently received a financial boost from Evergy Inc., the parent company of Westar Energy, which donated $100,000 toward the advancement of the project.

Block22 is an joint effort by Pittsburg State University, the city of Pittsburg and the Vecino Group, a Springfield, Missouri-based real estate developer, that has restored and renovated four historic buildings downtown -- Commerce, Baxter, National Bank and Opera House Hotel. The design is a living-learning community as a hub for students, innovators and entrepreneurs.

The public courtyard between the Opera House Hotel and the National Bank buildings will display the Evergy name in acknowledgement of the donation.

Shawn Naccarato, Pittsburg State University's chief strategy officer, applauded how Evergy has viewed Block22 as a community project.

"We are incredibly grateful for Evergy's generous support of Block22," Naccarato said. "Block22 could not have gone from idea to reality without support from private donors and industry leaders such as Evergy."

This will be Evergy's first donation to Block22, which officially broke ground in March 2017. Gina Penzig, Westar's manager of media communications, said the contribution is a special gift to the community of Pittsburg.

Westar Energy and Kansas City Power & Light merged in June, which led to the creation of Evergy. Penzig said they expect to begin serving customers under the Evergy name in late 2019, but will continue operating under Westar and KCP&L for the time being.

The project has been progressing over the past year and is nearly complete. Students moved into their new housing units in August and six businesses relocated their office space inside of The Foundry in December. The Foundry is housed in the first floors of the former Opera House Hotel and National Bank buildings, and it features a public courtyard.

Root Coffeehouse and Creperie opened its new location in Block22 in December, as well. The coffee shop is the first of many restaurants to move into the space. More developments are expected this spring.

Three new restaurants -- Brick + Mortar, Juicy's and TOAST -- will be housed in the Commerce and Baxter buildings and will wrap up the final phase of the project. Naccarato said they're aiming to have the eating establishments open on the west side of Broadway by mid-April.

The total cost of the project is an estimated $19 million, which is financed by both private contributions and public funds. A bulk of the project, more than $10 million of the costs, have been paid through historic and new market tax credits secured by the Vecino Group. PSU and the city of Pittsburg have both contributed approximately $3 million toward the venture.

Block22 Podcast

Shawn Naccarato, Pittsburg State University's chief strategy officer, said plans call for launching a Block22 podcast in early to mid-February. The podcast will include topics such as economic development, downtown revitalization and various feature stories from the community.

___

(c)2019 The Joplin Globe (Joplin, Mo.)

Visit The Joplin Globe (Joplin, Mo.) at www.joplinglobe.com

Distributed by Tribune Content Agency, LLC.

© Tribune Content Agency, source Regional News

Stocks mentioned in the article
ChangeLast1st jan.
EVERGY INC. -0.68% 60.26 Delayed Quote.6.15%
THE NATIONAL BANK End-of-day quote.
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on EVERGY INC.
05/29EVERGY INC. : Ex-dividend day for
FA
05/08EVERGY : 1Q Earnings Snapshot
AQ
05/08EVERGY : Announces 2019 First Quarter Results
BU
05/08EVERGY, INC. : Financial Statements and Exhibits (form 8-K)
AQ
05/08EVERGY : MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS..
AQ
04/23EVERGY : to Webcast 2019 Annual Shareholder Meeting
BU
04/18EVERGY : Schedules Conference Call to Discuss 1st Quarter Results
BU
03/27EVERGY, INC. : Other Events, Financial Statements and Exhibits (form 8-K)
AQ
03/25EVERGY, INC. : Change in Directors or Principal Officers, Amendments to Articles..
AQ
03/25EVERGY : John Arthur Stall Named to Evergy Board of Directors
BU
More news
Financials ($)
Sales 2019 5 369 M
EBIT 2019 1 251 M
Net income 2019 706 M
Debt 2019 9 681 M
Yield 2019 3,19%
P/E ratio 2019 20,71
P/E ratio 2020 19,09
EV / Sales 2019 4,55x
EV / Sales 2020 4,65x
Capitalization 14 763 M
Chart EVERGY INC.
Duration : Period :
Evergy Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends EVERGY INC.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 9
Average target price 60,1 $
Spread / Average Target -0,59%
EPS Revisions
Managers
NameTitle
Terry D. Bassham President, Chief Executive Officer & Director
Mark A. Ruelle Chairman
Kevin E. Bryant Chief Operating Officer & Executive Vice President
Anthony D. Somma Chief Financial Officer & Executive Vice President
Charles W. King Chief Information Officer & Vice President
Sector and Competitors
1st jan.Capitalization (M$)
EVERGY INC.6.15%14 407
NEXTERA ENERGY INC18.73%95 586
ENEL20.54%64 224
DUKE ENERGY CORP1.91%62 627
IBERDROLA26.82%61 823
DOMINION ENERGY INC.7.28%60 948