Evergy

Evergy signed its fifth large customer electric service agreement tied to data center and other big-load users. The contracted peak load now totals approximately 2,500 MW, underpinning expectations for very large long-term retail load growth. Q1 2026 revenue rose to $1.44 billion with net income of $151.5 million. The company reaffirmed earnings guidance and plans $2.8 billion in equity issuance through 2029 to fund generation buildout. Evergy is shifting its generation mix toward more gas-fired capacity to support demand. GCs and vendors should monitor upcoming generation infrastructure projects tied to this load growth.

Evergy filed permit for $3B substation infrastructure project to support data center development in De Soto, KS. Project addresses power demands for hyperscale operations, coordinating regional utility capacity with cloud computing expansion.