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LG&E Power Inc history
LG&E Power Inc company history timeline
LG&E Power Marketing was then established in 1994 as a trading subsidiary.
In 1997, it increased its stake in Argentina's gas market by purchasing interests in two Argentine gas distribution companies.
1998: LG&E merges with KU Energy Corp.
Both net income and revenues had increased during 1999, and the company had been ranked number one among electric service providers in customer satisfaction by J.D. Power and Associates.
The company appeared in a good position to meet that challenge: LG&E was one of the first utilities in the nation to equip its coal-fired boilers with 'scrubbers.' Scrubbers are designed to enable plants to reduce sulfur-dioxide emissions to levels required by the year 2000 under the Clean Air Act.
In 2002, Powergen was acquired by German utility E.ON Energie AG in a union that created the world's second-largest utility concern.
In 2002, it was ranked number one in customer satisfaction in a J.D. Power & Associates survey for the second time in four years.
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