May 15, 2009 (FinancialWire) — Great Plains Energy Inc. (NYSE: GXP) said underwriters of its public offerings fully exercised their over-allotment options to purchase an additional 750,000 equity units and an additional 1.5 million shares of common stock.

The options were granted in connection with the company’s public offerings of five million equity units and 10 million shares of common stock. Goldman, Sachs & Co. (NYSE: GS) and J.P. Morgan Securities (NYSE: JPM) are acting as the joint book-running managers for both offerings.

Great Plains’ offerings were priced on May 12, at an initial stated amount of $50 per equity unit and at an offering price of $14 per share of common stock. The company said it expects total net proceeds from the offerings to be around $431.8 million after expenses and underwriting discounts.

Kansas City, Missouri-based Great Plains Energy is the holding company of Kansas City Power & Light Co. and KCP&L Greater Missouri Operations, both of which are regulated providers of electricity in the Midwest.

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