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LG&E and KU listed among Top 20 U.S. utilities for corporate facility investment, job creation

Site Selection Magazine, an international publication focused on economic development, has named Louisville Gas and Electric and Kentucky Utilities Company among an elite group of the Top 20 utilities in the United States for corporate facility investment and job creation in 2019.

The evaluation included a field of approximately 3,300 electric utilities across the country.

Eileen Saunders

“It’s an honor to be named a top utility for our company’s commitment to economic development in the communities we serve,” said Eileen Saunders, LG&E and KU vice president, Customer Services. “Through innovative programs and incentives, along with the tireless efforts of our Business and Economic Development team, we’re proud to help empower business growth and expansion throughout Kentucky.”

Site Selection Magazine recognized LG&E and KU for several significant efforts to promote economic development in 2019, which led to customers announcing more than $2.8 billion in capital investment and the creation of more than 5,700 jobs.

Some of LG&E and KU’s efforts include working with communities to identify the possibility of new industrial and commercial sites throughout its service territories, while also helping to evaluate existing sites to determine if additional investment may increase exposure to local communities. The company is also developing a grant program to provide incentives for communities to make proactive investments in product readiness and development.

“It’s our employees who drive economic prosperity across the state, and we’re really all on the economic development team,” said John Bevington, LG&E and KU’s director of Business and Economic Development. “This award honors the commitment we have to our core strengths, the servant leadership that we provide to our communities, and the relationships we build with customers and prospects.”

For more details, visit siteselection.com.

From Louisville Gas and Electric and Kentucky Utilities Company

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