tc2 ku and lg & e constructed a 732 mw summer capacity coal-fired unit , tc2 , which is jointly owned by ku ( 60.75 % ) and lg & e ( 14.25 % ) , together with the illinois municipal electric agency and the indiana municipal power agency ( combined 25 % ) . with limited exceptions , ku and lg & e took care , custody and control of tc2 in january 2011. ku and lg & e and the construction contractor further amended the construction agreement to provide that the contractor will complete certain actions to identify and complete any necessary modifications to allow operation of tc2 on all fuels in accordance with initial specifications prior to certain dates , and amending the provisions relating to liquidated damages . a number of remaining issues regarding these matters are still under discussion with the contractor . see notes 8 and 15 to the financial statements for additional information . registered debt exchange offer by ku in april 2011 , ku filed a registration statement with the sec , related to an offer to exchange certain first mortgage bonds issued in november 2010 , in transactions not subject to registration under the securities act of 1933 , with similar but registered securities . the 2011 registration statement became effective in june 2011 , and the exchange was completed in july 2011 with substantially all of the first mortgage bonds being exchanged . see note 7 to the financial statements and ku 's 2011 registration statement for additional information . csapr in july 2011 , the epa signed the csapr , which finalizes and renames the clean air transport rule ( transport rule ) proposed in august 2010 , and made revisions to the rule on february 7 , 2012. this rule applies to the kentucky coal plants . the csapr is meant to facilitate attainment of ambient air quality standards for ozone and fine particulates by requiring reductions in sulfur dioxide and nitrogen oxide emissions . in december 2011 , the u.s. court of appeals for the district of columbia ( court ) stayed implementation of the csapr and left cair in effect pending a final resolution on the merits of the validity of the rule . oral argument on the various challenges to the csapr is scheduled for april 2012 , and a final decision on the validity of the rule could be issued as early as may 2012. with respect to ku 's kentucky coal-fired generating plants , the stay of the csapr will initially only impact the unit dispatch order . with the return of the cair and ku 's significant number of sulfur dioxide allowances , those units will be dispatched with lower operating cost , but slightly higher sulfur dioxide and nitrogen oxide emissions . however , a key component of the court 's final decision , even if the csapr is upheld , will be whether the ruling delays the implementation of the csapr by one year for both phases i and ii , or instead still requires the significant sulfur dioxide and nitrogen oxide reductions associated with phase ii to begin in 2014. ku 's csapr compliance strategy is based on over-compliance during phase i to generate allowances sufficient to cover the expected shortage during the first two years of phase ii ( 2014 and 2015 ) when additional pollution control equipment will be installed . should phase i of the csapr be shortened to one year , it will be more difficult and costly to provide enough excess allowances in one year to meet the shortage projected for 2014 and 2015. see note 15 to the financial statements for additional information on the csapr . 175 pending bluegrass cts acquisition and ngcc construction in september 2011 , ku and lg & e filed a cpcn with the kpsc requesting approval to build a 640 mw ngcc at the existing cane run plant site . in conjunction with this request and to meet new , stricter epa regulations , ku anticipates retiring three older coal-fired electric generating units . these units are located at the green river and tyrone plants , which have a combined summer rating of 234 mw . ku and lg & e also requested approval to purchase the bluegrass cts , which are expected to provide up to 495 mw of peak generation supply . ku anticipates that its share of the ngcc construction and the acquisition of the bluegrass cts could require up to $ 500 million in capital costs including related transmission projects . formal requests for recovery of the costs associated with the ngcc construction and the acquisition of the bluegrass cts were not included in the cpcn filing with the kpsc but are expected to be included in future rate proceedings . the kpsc issued an order on the procedural schedule in the cpcn filing that has discovery , scheduled through early february 2012. a kpsc order on the cpcn filing is anticipated in the second quarter of 2012. see note 8 to the financial statements for additional information . ecr filing - environmental upgrades in june 2011 , in order to achieve compliance with new and pending mandated federal epa regulations , ku filed an ecr plan with the kpsc requesting approval to install environmental upgrades for certain of its coal-fired plants along with the recovery of the expected $ 1.1 billion in associated capital costs , as well as operating expenses incurred . the ecr plan detailed upgrades that will be made to certain of ku 's coal-fired generating plants to continue to be compliant with epa regulations . in november 2011 , ku filed a unanimous settlement agreement , stipulation and recommendation with the kpsc . in december 2011 , ku received kpsc approval in its proceedings relating to the ecr plan . story_separator_special_tag ( b ) in april 2011 , ku entered into a new $ 198 million letter of credit facility that has been used to issue letters of credit to support outstanding tax-exempt bonds . ku pays customary commitment and letter of credit fees under the new facility . the facility matures in april 2014. in august 2011 , ku amended its letter of credit facility such that the fees depend upon ku 's senior secured long-term debt rating rather than the senior unsecured debt rating . ( c ) in october 2011 , ku amended its syndicated credit facility . the amendment included extending the expiration date from december 2014 to october 2016. under this facility ku continues to have the ability to make cash borrowings and to request the lenders to issue letters of credit . the commitments under ku 's credit facilities are provided by a diverse bank group , with no one bank and its affiliates providing an aggregate commitment of more than 19 % of the total committed capacity available to ku . ku participates in an intercompany money pool agreement whereby lke and or lg & e make available to ku funds up to $ 500 million at an interest rate based on a market index of commercial paper issues . at december 31 , 2011 , there was no balance outstanding . at december 31 , 2010 , $ 10 million was outstanding . the interest rate for the period ended december 31 , 2010 was 0.25 % . see note 7 to the financial statements for further discussion of ku 's credit facilities . operating leases ku also has available funding sources that are provided through operating leases . ku leases office space and certain equipment . these leasing structures provide ku additional operating and financing flexibility . the operating leases contain covenants that are typical for these agreements , such as maintaining insurance , maintaining corporate existence and timely payment of rent and other fees . see note 11 to the financial statements for further discussion of the operating leases . forecasted uses of cash in addition to expenditures required for normal operating activities , such as purchased power , payroll , fuel and taxes , ku currently expects to incur future cash outflows for capital expenditures , various contractual obligations , payment of dividends on its common securities and possibly the purchase or redemption of a portion of debt securities . 183 capital expenditures the table below shows ku 's current capital expenditure projections for the years 2012 through 2016. replace_table_token_145_th ( a ) construction expenditures include afudc , which is not expected to be significant for the years 2012 through 2016 . ( b ) includes approximately $ 500 million of currently estimable costs related to replacement generation units due to epa regulations not recoverable through the ecr mechanism . ku expects to recover these costs over a period equivalent to the related depreciable lives of the assets through future rate proceedings . ( c ) includes approximately $ 30 million of currently estimable transmission costs related to replacement generation units . ku expects to recover these costs over a period equivalent to the related depreciable lives of the assets through future rate proceedings . ku 's capital expenditure projections for the years 2012 through 2016 total approximately $ 3.1 billion . capital expenditure plans are revised periodically to reflect changes in operational , market and regulatory conditions . this table includes current estimates for ku 's environmental projects related to new and anticipated epa compliance standards . actual costs may be significantly lower or higher depending on the final requirements and market conditions . certain environmental compliance costs incurred by ku in serving kpsc jurisdictional customers are generally eligible for recovery through the ecr mechanism . ku plans to fund its capital expenditures in 2012 with cash on hand , cash from operations and short-term debt . contractual obligations ku has assumed various financial obligations and commitments in the ordinary course of conducting its business . at december 31 , 2011 , the estimated contractual cash obligations of ku were : replace_table_token_146_th ( a ) reflects principal maturities only based on stated maturity dates . see note 7 to the financial statements for a discussion of variable-rate remarketable bonds issued on behalf of ku . ku does not have any significant capital lease obligations . ( b ) assumes interest payments through stated maturity . the payments herein are subject to change , as payments for debt that is or becomes variable-rate debt have been estimated . ( c ) see note 11 to the financial statements for additional information . ( d ) represents contracts to purchase coal , natural gas and natural gas transportation . see note 15 to the financial statements for additional information . ( e ) represents future minimum payments under ovec power purchase agreements through june 2040. see note 15 to the financial statements for additional information . ( f ) represents construction commitments , including commitments for the ghent landfill and brown scr construction including associated material transport systems for coal combustion residuals , which are also reflected in the capital expenditures table presented above . ( g ) based on the current funded status of lke 's qualified pension plan , which covers ku employees , no cash contributions are required . see note 13 to the financial statements for a discussion of expected contributions . ( h ) represents other contractual obligations . purchase orders made in the ordinary course of business are excluded from the amounts presented . dividends from time to time , as determined by its board of directors , ku pays dividends to its sole shareholder , lke . 184 as discussed in note 7 to the financial statements , ku 's ability to pay dividends is limited under a covenant in its $ 400 million revolving line of credit facility . this covenant restricts the

liquidity and capital resources ku expects to continue to have adequate liquidity available through operating cash flows , cash and cash equivalents and its credit facilities . ku currently has no plans to access capital markets in 2012. ku 's cash flows from operations and access to cost-effective bank and capital markets are subject to risks and uncertainties including , but not limited to : · changes in market prices for electricity ; · changes in commodity prices that may increase the cost of producing power or decrease the amount ku receives from selling power ; · operational and credit risks associated with selling and marketing products in the wholesale power markets ; · unusual or extreme weather that may damage ku 's transmission and distribution facilities or affect energy sales to customers ; · reliance on transmission and distribution facilities that ku does not own or control to deliver its electricity and natural gas ; · unavailability of generating units ( due to unscheduled or longer-than-anticipated generation outages , weather and natural disasters ) and the resulting loss of revenues and additional costs of replacement electricity ; · the ability to recover and the timeliness and adequacy of recovery of costs associated with regulated utility businesses ; · costs of compliance with existing and new environmental laws ; · any adverse outcome of legal proceedings and investigations with respect to ku 's current and past business activities ; · deterioration in the financial markets that could make obtaining new sources ofbank and capital markets funding more difficult and more costly ; and · a downgrade in ku 's credit ratings that could adversely affect its ability to access capital and increase the cost of credit facilities and any new debt .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```liquidity and capital resources ku expects to continue to have adequate liquidity available through operating cash flows , cash and cash equivalents and its credit facilities . ku currently has no plans to access capital markets in 2012. ku 's cash flows from operations and access to cost-effective bank and capital markets are subject to risks and uncertainties including , but not limited to : · changes in market prices for electricity ; · changes in commodity prices that may increase the cost of producing power or decrease the amount ku receives from selling power ; · operational and credit risks associated with selling and marketing products in the wholesale power markets ; · unusual or extreme weather that may damage ku 's transmission and distribution facilities or affect energy sales to customers ; · reliance on transmission and distribution facilities that ku does not own or control to deliver its electricity and natural gas ; · unavailability of generating units ( due to unscheduled or longer-than-anticipated generation outages , weather and natural disasters ) and the resulting loss of revenues and additional costs of replacement electricity ; · the ability to recover and the timeliness and adequacy of recovery of costs associated with regulated utility businesses ; · costs of compliance with existing and new environmental laws ; · any adverse outcome of legal proceedings and investigations with respect to ku 's current and past business activities ; · deterioration in the financial markets that could make obtaining new sources ofbank and capital markets funding more difficult and more costly ; and · a downgrade in ku 's credit ratings that could adversely affect its ability to access capital and increase the cost of credit facilities and any new debt .
```    
 Suspicious Activity Report : tc2 ku and lg & e constructed a 732 mw summer capacity coal-fired unit , tc2 , which is jointly owned by ku ( 60.75 % ) and lg & e ( 14.25 % ) , together with the illinois municipal electric agency and the indiana municipal power agency ( combined 25 % ) . with limited exceptions , ku and lg & e took care , custody and control of tc2 in january 2011. ku and lg & e and the construction contractor further amended the construction agreement to provide that the contractor will complete certain actions to identify and complete any necessary modifications to allow operation of tc2 on all fuels in accordance with initial specifications prior to certain dates , and amending the provisions relating to liquidated damages . a number of remaining issues regarding these matters are still under discussion with the contractor . see notes 8 and 15 to the financial statements for additional information . registered debt exchange offer by ku in april 2011 , ku filed a registration statement with the sec , related to an offer to exchange certain first mortgage bonds issued in november 2010 , in transactions not subject to registration under the securities act of 1933 , with similar but registered securities . the 2011 registration statement became effective in june 2011 , and the exchange was completed in july 2011 with substantially all of the first mortgage bonds being exchanged . see note 7 to the financial statements and ku 's 2011 registration statement for additional information . csapr in july 2011 , the epa signed the csapr , which finalizes and renames the clean air transport rule ( transport rule ) proposed in august 2010 , and made revisions to the rule on february 7 , 2012. this rule applies to the kentucky coal plants . the csapr is meant to facilitate attainment of ambient air quality standards for ozone and fine particulates by requiring reductions in sulfur dioxide and nitrogen oxide emissions . in december 2011 , the u.s. court of appeals for the district of columbia ( court ) stayed implementation of the csapr and left cair in effect pending a final resolution on the merits of the validity of the rule . oral argument on the various challenges to the csapr is scheduled for april 2012 , and a final decision on the validity of the rule could be issued as early as may 2012. with respect to ku 's kentucky coal-fired generating plants , the stay of the csapr will initially only impact the unit dispatch order . with the return of the cair and ku 's significant number of sulfur dioxide allowances , those units will be dispatched with lower operating cost , but slightly higher sulfur dioxide and nitrogen oxide emissions . however , a key component of the court 's final decision , even if the csapr is upheld , will be whether the ruling delays the implementation of the csapr by one year for both phases i and ii , or instead still requires the significant sulfur dioxide and nitrogen oxide reductions associated with phase ii to begin in 2014. ku 's csapr compliance strategy is based on over-compliance during phase i to generate allowances sufficient to cover the expected shortage during the first two years of phase ii ( 2014 and 2015 ) when additional pollution control equipment will be installed . should phase i of the csapr be shortened to one year , it will be more difficult and costly to provide enough excess allowances in one year to meet the shortage projected for 2014 and 2015. see note 15 to the financial statements for additional information on the csapr . 175 pending bluegrass cts acquisition and ngcc construction in september 2011 , ku and lg & e filed a cpcn with the kpsc requesting approval to build a 640 mw ngcc at the existing cane run plant site . in conjunction with this request and to meet new , stricter epa regulations , ku anticipates retiring three older coal-fired electric generating units . these units are located at the green river and tyrone plants , which have a combined summer rating of 234 mw . ku and lg & e also requested approval to purchase the bluegrass cts , which are expected to provide up to 495 mw of peak generation supply . ku anticipates that its share of the ngcc construction and the acquisition of the bluegrass cts could require up to $ 500 million in capital costs including related transmission projects . formal requests for recovery of the costs associated with the ngcc construction and the acquisition of the bluegrass cts were not included in the cpcn filing with the kpsc but are expected to be included in future rate proceedings . the kpsc issued an order on the procedural schedule in the cpcn filing that has discovery , scheduled through early february 2012. a kpsc order on the cpcn filing is anticipated in the second quarter of 2012. see note 8 to the financial statements for additional information . ecr filing - environmental upgrades in june 2011 , in order to achieve compliance with new and pending mandated federal epa regulations , ku filed an ecr plan with the kpsc requesting approval to install environmental upgrades for certain of its coal-fired plants along with the recovery of the expected $ 1.1 billion in associated capital costs , as well as operating expenses incurred . the ecr plan detailed upgrades that will be made to certain of ku 's coal-fired generating plants to continue to be compliant with epa regulations . in november 2011 , ku filed a unanimous settlement agreement , stipulation and recommendation with the kpsc . in december 2011 , ku received kpsc approval in its proceedings relating to the ecr plan . story_separator_special_tag ( b ) in april 2011 , ku entered into a new $ 198 million letter of credit facility that has been used to issue letters of credit to support outstanding tax-exempt bonds . ku pays customary commitment and letter of credit fees under the new facility . the facility matures in april 2014. in august 2011 , ku amended its letter of credit facility such that the fees depend upon ku 's senior secured long-term debt rating rather than the senior unsecured debt rating . ( c ) in october 2011 , ku amended its syndicated credit facility . the amendment included extending the expiration date from december 2014 to october 2016. under this facility ku continues to have the ability to make cash borrowings and to request the lenders to issue letters of credit . the commitments under ku 's credit facilities are provided by a diverse bank group , with no one bank and its affiliates providing an aggregate commitment of more than 19 % of the total committed capacity available to ku . ku participates in an intercompany money pool agreement whereby lke and or lg & e make available to ku funds up to $ 500 million at an interest rate based on a market index of commercial paper issues . at december 31 , 2011 , there was no balance outstanding . at december 31 , 2010 , $ 10 million was outstanding . the interest rate for the period ended december 31 , 2010 was 0.25 % . see note 7 to the financial statements for further discussion of ku 's credit facilities . operating leases ku also has available funding sources that are provided through operating leases . ku leases office space and certain equipment . these leasing structures provide ku additional operating and financing flexibility . the operating leases contain covenants that are typical for these agreements , such as maintaining insurance , maintaining corporate existence and timely payment of rent and other fees . see note 11 to the financial statements for further discussion of the operating leases . forecasted uses of cash in addition to expenditures required for normal operating activities , such as purchased power , payroll , fuel and taxes , ku currently expects to incur future cash outflows for capital expenditures , various contractual obligations , payment of dividends on its common securities and possibly the purchase or redemption of a portion of debt securities . 183 capital expenditures the table below shows ku 's current capital expenditure projections for the years 2012 through 2016. replace_table_token_145_th ( a ) construction expenditures include afudc , which is not expected to be significant for the years 2012 through 2016 . ( b ) includes approximately $ 500 million of currently estimable costs related to replacement generation units due to epa regulations not recoverable through the ecr mechanism . ku expects to recover these costs over a period equivalent to the related depreciable lives of the assets through future rate proceedings . ( c ) includes approximately $ 30 million of currently estimable transmission costs related to replacement generation units . ku expects to recover these costs over a period equivalent to the related depreciable lives of the assets through future rate proceedings . ku 's capital expenditure projections for the years 2012 through 2016 total approximately $ 3.1 billion . capital expenditure plans are revised periodically to reflect changes in operational , market and regulatory conditions . this table includes current estimates for ku 's environmental projects related to new and anticipated epa compliance standards . actual costs may be significantly lower or higher depending on the final requirements and market conditions . certain environmental compliance costs incurred by ku in serving kpsc jurisdictional customers are generally eligible for recovery through the ecr mechanism . ku plans to fund its capital expenditures in 2012 with cash on hand , cash from operations and short-term debt . contractual obligations ku has assumed various financial obligations and commitments in the ordinary course of conducting its business . at december 31 , 2011 , the estimated contractual cash obligations of ku were : replace_table_token_146_th ( a ) reflects principal maturities only based on stated maturity dates . see note 7 to the financial statements for a discussion of variable-rate remarketable bonds issued on behalf of ku . ku does not have any significant capital lease obligations . ( b ) assumes interest payments through stated maturity . the payments herein are subject to change , as payments for debt that is or becomes variable-rate debt have been estimated . ( c ) see note 11 to the financial statements for additional information . ( d ) represents contracts to purchase coal , natural gas and natural gas transportation . see note 15 to the financial statements for additional information . ( e ) represents future minimum payments under ovec power purchase agreements through june 2040. see note 15 to the financial statements for additional information . ( f ) represents construction commitments , including commitments for the ghent landfill and brown scr construction including associated material transport systems for coal combustion residuals , which are also reflected in the capital expenditures table presented above . ( g ) based on the current funded status of lke 's qualified pension plan , which covers ku employees , no cash contributions are required . see note 13 to the financial statements for a discussion of expected contributions . ( h ) represents other contractual obligations . purchase orders made in the ordinary course of business are excluded from the amounts presented . dividends from time to time , as determined by its board of directors , ku pays dividends to its sole shareholder , lke . 184 as discussed in note 7 to the financial statements , ku 's ability to pay dividends is limited under a covenant in its $ 400 million revolving line of credit facility . this covenant restricts the

