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AEP cuts Kentucky operations sale deal value by $200 mln, extends timeline

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AEP cuts Kentucky operations sale deal value by $200 mln, extends timeline


Sept 30 (Reuters) – American Electrical Energy mentioned on Friday it might promote its Kentucky operations at about 7% decrease enterprise worth of $2.65 billion to a unit of Algonquin Energy & Utilities Corp , in contrast with the unique deal.

AEP expects to obtain about $1.2 billion in money, internet of taxes and transaction charges, as a substitute of its unique estimate of $1.45 billion.

The sale to Algonquin’s unit, Liberty, which was initially set to shut within the second quarter of 2022, is now anticipated to be finalised in January 2023 pending approval from the U.S. vitality regulator, the businesses mentioned on Friday. Liberty is the regulated utility enterprise of Algonquin Energy.

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Columbus, Ohio-based AEP additionally mentioned it expects a third-quarter pre-tax loss starting from $180 million to $220 million as a result of decrease deal worth and prolonged timeline, however added that its working earnings forecast wouldn’t be impacted.

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Brett Mattison, president and chief working officer (COO) of AEP’s Kentucky Energy, has been named president and COO of Southwestern Electrical Energy Firm, efficient Jan. 1, the ability firm mentioned.

AEP and Algonquin had introduced the unique deal in October final yr. AEP’s Kentucky operations embrace Kentucky Energy, a utility that serves 165,000 clients and Kentucky Transco, a regulated transmission enterprise.

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Reporting by Ankit Kumar;
Modifying by Vinay Dwivedi

Our Requirements: The Thomson Reuters Belief Ideas.



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Kentucky

Here's how and why we made our Kentucky voter guide

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Here's how and why we made our Kentucky voter guide


November elections get all the glory.

But this year more than half of the state races in Kentucky will be decided by the end of the primary election.

For some candidates, filing their paperwork to run has essentially secured them their office because no one else filed to run against them. In 20 races, the candidate who wins the primary will not face an opponent in the general election, meaning they’ll basically get the job.

Last year, however, only 14.5% of Kentucky’s registered voters cast a ballot in the primary.

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Local, state and federal leaders are responsible for making decisions that directly impact people’s daily lives. We know Kentuckians care about the direction their state is headed and are eager to learn more about their elected leaders.

So we created a free, interactive voter guide to help Kentucky voters get informed about the candidates they’ll see on their ballots in May.

What’s in it?

The 2024 Voter Guide from Kentucky Public Radio includes the names, party affiliation, district and other official election information for every candidate you’ll see on your ballot.

In contested primary elections, we have a brief biography and some information about the candidates’ top priorities. We also chose five organizations that advocate for issues and policies across political ideologies, including: Kentucky Right to Life, AFL-CIO, Fairness Campaign, Kentucky Chamber of Commerce, and the Sierra Club.

When you enter your address into the voter guide, it will display the candidates who you will see on your ballot, based on the district you’re in for state and national elections. People who reside in Louisville will also see the contested Metro Council races that will appear on their ballot.

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How did we decide what to include?

We committed to reporting out candidate information on all the contested primary races. There are many races in which only one candidate is running. We chose not to invest our resources in those races because voters will not have the opportunity to decide between candidates. We plan to elucidate on all candidates in our voter guide for the general election.

There is only one municipal election that we dedicated resources to cover: Louisville Metro Council races. Thirteen Metro Council seats are up for grabs in the general election this year, and some districts have very competitive primaries.

We divided the candidates across reporters at LPM in Louisville, WKMS in Murray, WEKU in Richmond and WKYU in Bowling Green. It was their job to reach out to the candidate to invite them to participate in the voter guide process. We built a Google form that candidates could use to give us biographical information and tell us about their top political priorities. We reached out to each candidate at least three ways: by mail, by phone and by email.

After the participation deadline passed, reporters reviewed the candidate entries. For candidates who participated, they reviewed the information and fact-checked it. For candidates who did not participate, reporters researched their background and what they have said publicly about their priorities in office, including on their campaign websites, social media and taped interviews. In some cases, we couldn’t find verifiable information on the candidate, and that is noted in the voter guide.

Editors reviewed more than 180 candidate entries over multiple rounds of edits. Then, we brought in our data reporter to build the tool itself.

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How did you build it?

A lot of complicated processes go on underneath each election. In this primary, there are at least five different geographic boundaries that determine which candidates you can vote for: your U.S. House district, Kentucky Senate district, Kentucky House district, Kentucky Supreme Court district and your county – for the purpose of electing a commonwealth attorney. Then, if you’re in Louisville, there’s also Metro Council districts.

Underlying this voter guide is some code that takes your address and compares it to six different maps in a matter of milliseconds. It finds which districts are applicable to you. The code then cross-references your districts with the information our reporters collected on each candidate. And then – voila! – it displays just the candidates and information you need to know about.

Finally, each candidate has a checkbox under their name. You can click on it to “select” the candidate you want to vote for. Then, when you get to the bottom of the page, you can get a simplified “cheat sheet” to take to your ballot box that shows you just who you want to vote for.

Sylvia Goodman contributed to this reporting. 

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A New Era of Homegrown Talent Playing for Kentucky

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A New Era of Homegrown Talent Playing for Kentucky


What Travis Perry’s Commitment Means For The Kentucky Wildcats

Rupp Arena was built on the backs of hard-nosed homegrown players. From Ralph Beard in Louisville to Wah Wah Jones in Harlan, the Kentucky basketball program owes its early success to talented instate players who reached their potential under Adolph Rupp.

That success created whimsical imagery of the Bluegrass version of The American Dream. Kids across the Commonwealth grow up dreaming of leading the Wildcats to glory.

That dream turned into more of a fantasy under John Calipari. The Kentucky head coach had unprecedented recruiting success across the country. Not every player from within the borders was overlooked and thanks to a revitalization of high school basketball across the state, the Kentucky Dream appears to be alive and well as Mark Pope takes over the program.

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Shortly after Reed Sheppard was named National Freshman of the Year in college basketball, Trent Noah and Travis Perry played for a State Title at Rupp Arena. It was a battle of Eastern vs Western Kentucky featuring two of the top five scorers in KHSAA history. Noah had 17 points but was out-dueled by Perry, who scored 27 points to lead Lyon County to its first-ever state championship.

Mark Pope will have both elite scorers on his first Kentucky basketball roster. The two are bringing much more than shooting to the program.

“(Noah) is a tough, hard-nosed player with a special physicality,” Pope said Wednesday. “As an eastern Kentucky native, Trent will bring a grit, toughness and determination to the program that is representative of this state.”

One cannot win on instate talent alone. However, there’s something special about players from Kentucky who know exactly what it means to put on that blue and white uniform.

“These young men that grow up in Kentucky, they bring a spirit to the team that cannot be fabricated or replaced,” Pope said in his introductory press conference.

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The new Kentucky head coach has assembled a roster of veteran players from the transfer portal who will carry a heavy load in year one. At the core of this program’s transformation, two kids from the state will set the tone for what’s to come in the future.

Players from Kentucky in the John Calipari Era

The Bluegrass Dream did not completely die during John Calipari’s time at Kentucky, but their contributions were typically in tertiary roles until Reed Sheppard redefined expectations for players from the Commonwealth. Only eight scholarship players from Kentucky played for Coach Cal.

Darius Miller was one of the few holdovers of the Billy Gillispie era. The Mr. Basketball from Mason County initially struggled to get over the hump, until he became the reliable Sixth Man for the 2012 National Champs. He’s the only Mr. Basketball from the state with a Sweet 16 and a National Championship (but I may be wrong, don’t fact-check me Corey Price).

Jon Hood was a big recruiting win for Billy Gillispie when he picked the Cats over Duke. The Madisonville-North Hopkins product lit it up in high school, but never consistently entered the rotation for John Calipari.

Twany Beckham was one of the first instate players recruited to join Cal’s program. The Ballard product transferred from Mississippi State and saw his first action during Kentucky’s 2012 title campaign. The reserve guard appeared in 16 games but did not score a point. The following season he was limited to only five games thanks to injuries.

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Jarrod Polson arrived from West Jessamine around the same time as Twany. By his third year, he played a significant role off the bench, scoring 10 points to help Kentucky take down Maryland in the Barclays Center. The point guard appeared in all 33 games over his final two seasons in Lexington.

Derek Willis was considered Top 60 player by 247 Sports in the 2013 recruiting class, but the Bullitt East native was somewhat of an afterthought compared to his counterparts that drew 40-0 preseason hype. His potential was not unlocked until he served as a stretch-four for the 2017 Elite Eight team, knocking down over 37% of his threes as a regular piece of the rotation.

Another person in that rotation was Dominique Hawkins, who lived the true Kentucky dream. Overlooked by most major programs, he caught John Calipari’s eye by guiding Madison Central to a Sweet 16 title at Rupp Arena. The pesky defender drove Louisville guards mad in the 2014 Sweet 16, an achievement only usurped by his All-SEC Tournament performance in 2017.

Things began to unravel when one former Mr. Basketball stayed on the bench while Cal’s Cats had their worst season in decades. Fans clamored to see Dontaie Allen in action, something that didn’t happen until Calipari was ejected at Mississippi State. Allen knocked down seven threes in the surprising win. He nearly replicated that performance against the Bulldogs in the SEC Tournament, netting six from long range, but the Cats were eliminated by Mississippi State.



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Hail hits areas of South Central Kentucky

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Hail hits areas of South Central Kentucky


BOWLING GREEN, Ky. (WBKO) – As powerful storms move through South Central Kentucky, many of WBKO’s viewers have sent in photos and videos showing the hail that hit in their area. Stay with WBKO News on-air and on WBKO.com as we continue to track the storms as the potential for severe weather will linger through the evening hours.

If you can safely take photos or videos of how the storms have impacted your area please submit them by emailing news@wbko.com.



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