Kentucky Public Service Commission Grants Confidential Treatment to Louisville Gas and Electric Company's Third-Party Appraisal Report

Strategic Insights -

The Kentucky Public Service Commission has issued an order granting confidential treatment to Louisville Gas and Electric Company's (LG&E) third-party appraisal report for the Riverport Central Service Shop. The decision was made in response to LG&E's petition, filed on April 28, 2025, requesting that the Commission exempt the report from public disclosure due to its commercially sensitive nature and potential harm to LG&E's competitive position.

Key Takeaways:

  • The Kentucky Public Service Commission granted confidential treatment to LG&E's third-party appraisal report for the Riverport Central Service Shop, citing its commercially sensitive nature and potential harm to LG&E's competitive position.
  • The report contains information that is generally recognized as confidential and proprietary, and LG&E has no publication rights associated with the report.
  • The Commission exempted the report from public disclosure pursuant to 807 KAR 5:001, Section 13, and KRS 61.878(1)(c)(1), finding that it meets the criteria for confidential treatment.
  • The designated material granted confidential treatment shall not be placed in the public record or made available for public inspection until such time as the real estate transactions for the Riverport Central Service Shop have closed, or until further order of the Commission.
  • Use of the designated material granted confidential treatment in any Commission proceeding shall comply with 807 KAR 5:001, Section 13(9).
  • LG&E shall inform the Commission and file with the Commission an unredacted copy of the designated material if it becomes publicly available or no longer qualifies for confidential treatment.

Statistics:

  • The designated material granted confidential treatment shall not be made available for inspection for 30 days from the date of service of an Order finding that the material no longer qualifies for confidential treatment.
  • The Commission shall deny a request for inspection of the requested material that is not supported by sufficient evidence.
  • The Request for Confidential Treatment that was granted by the Commission had a case number of 2025-00104.

Sources:

  • Order of the Kentucky Public Service Commission, Case No. 2025-00104.
  • LG&E's Petition for Confidential Protection, filed on April 28, 2025.