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Case Study: LG&E Energy Corp

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26 out of 50 users found this white paper useful


Publisher Accenture
Publisher Registration Direct Access
Topics Strategic Planning, Asset Management Date added 01 Jan 2003
Downloads 36 Format HTML

Louisville Gas & Electric and Kentucky Utilities Energy were successful energy companies dwarfed by aggressive regional competitors. To achieve critical mass and fend off unwanted takeovers, the two companies agreed to a merger. The merger's success rested on completing the integration of the two companies' operations within six months of the board's approval. Charged with a six-month deadline, Accenture used two concurrent work streams to make the transition a reality. The merger integration teams were given the task of identifying and managing such issues as Information Technology and Human Resources, and seeking out opportunities. LG&E Energy Corp. of Louisville is now one of the largest low-cost energy services companies in the nation, and it can now anticipate more than $760 million in gross non-fuel savings over a 10-year period.

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