Kentucky Public Service Commission

Final Order Entered: 1. The authority to issue long-term debt in the form of First Mortgage Bonds, Intermediate Term Financings, or a combination of both, in an aggregate principal amount not to exceed $700 million granted by the Commission to LG&E in Case No. 2022-00007 continues to exist through December 31, 2023. 2. The authority to issue long-term debt in the form of First Mortgage Bonds, Intermediate Term Financings, or a combination of both, in an aggregate principal amount not to exceed $550 million granted by the Commission to KU in Case No. 2022-00008 continues to exist through December 31, 2023. 3. Consistent with the representations made by KU/LG&E in this proceeding and in the prior proceedings discussed in this Order, the authority granted by the Commission in Case Nos. 2022-00007 and 2022-00008 may be used for the purpose of refinancing the two $300 million short-term loans described in this Order. 4. This case is closed and removed from the Commission’s docket.

KU-LGE Verified Joint Application for Declaratory Order

Kendrick R. Riggs of Stoll Keenon Ogden PLLC Kentucky Utilities Company and Louisville Gas and Electric Company

20230109_PSC Acknowledgment Letter.pdf

Kentucky Utilities Company and Louisville Gas and Electric Company Notice of Intent to File a Joint Application for a Declaratory Order Using Electronic Filing Procedures