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Aquila Energy Moving to Kansas City

Aquila Energy Moving to Kansas City

Aquila Energy, UtiliCorp United's main energy marketing arm, announced Wednesday it is moving from Omaha, NE, to Kansas City, MO.. The company will bring 405 employees to occupy 70,000 square feet on three floors of the Town Pavilion in downtown K.C.

In 1998, Aquila ranked second in NGI's Gas Marketer rankings and third in NGI's Power Marketer rankings based on physical volume sales. The company's sales increased 60% from $6 billion in 1997 to $9.7 billion in 1998.

"We wanted to consolidate the gas and electric operations of the company under one roof," said UtiliCorp spokesman Jerry Cosley. "Our electric people were in a cramped office in Raytown, MO. Our gas people were in a nice enough facility, but that workforce is growing. We decided to move them, and what better location than next to the parent company's headquarters."

Cosley said the local and state governments will split the $15 million cost of bringing the Town Pavilion up to Aquila's standards. Aquila will then pay the governments back over time.

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