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Evergy Missouri West Storm Funding I LLC

06/12/2025 | Press release | Distributed by Public on 06/12/2025 15:11

Asset-Backed Issuer Distribution Report (Form 10-D)


SEMI-ANNUAL SERVICER'S CERTIFICATE
Dated as of May 23, 2025
Pursuant to Section 4.01(c)(ii) of the Securitized Utility Tariff Property Servicing Agreement, dated as of February 23, 2024 (the "Servicing Agreement"), between, EVERGY MISSOURI WEST, INC., a Delaware corporation, as Servicer (the "Servicer"), and EVERGY MISSOURI WEST STORM FUNDING I, LLC, as Issuer (the "Issuer"), the Servicer does hereby certify, for the June 1, 2025 Payment Date (the "Current Payment Date"), as follows:
Capitalized terms used herein have their respective meanings as set forth in the Indenture. References herein to certain sections and subsections are references to the respective sections of the Servicing Agreement or the Indenture, as the context indicates.
Collection Periods: December 1, 2024 to May 31, 2025
Payment Date: June 1, 2025 (actual pay date 06/02/2025)
1 Collections Allocable and Aggregate Amounts Available for the Current Payment Date:
Securitized Utility Tariff Charge Remittances
a) Prior Period (3/2024 to 11/2024) Recon True-up Remitted in January $ 15,049.68
b) Remittances for the Collection Period December-24 $ 3,270,933.19
c) Remittances for the Collection Period January-25 $ 3,493,135.42
d) Remittances for the Collection Period February-25 $ 2,721,396.88
e) Remittances for the Collection Period March-25 $ 2,834,600.76
f) Remittances for the Collection Period April-25 $ 2,369,005.25
g) Estimated Remittances for the Collection Period May-25 $ 2,064,571.44
i. Total Estimated Securitized Utility Tariff Charge Remittances $ 16,768,692.62
Investment Earnings on Collection Accounts
a) Investment Earnings on General Subaccount $ 221,818.64
b) Investment Earnings on Capital Subaccount $ 35,900.88
c) Investment Earnings on Excess Funds Subaccount $ 36,206.17
ii. Total Investment Earnings $ 293,925.69
iii. Excess Funds Subaccount Balance as of prior Payment Date $ 2,055,459.46
iv. Capital Subaccount Balance as of prior Payment Date $ 1,655,635.00
Total Collection Account Balance (sum of i. through iv. above) $ 20,773,712.77
Public

2 Outstanding Amounts as of prior Payment Date:
i. Tranche A-1 Outstanding Amount $ 319,606,053.40
ii. Tranche A-2 Outstanding Amount n/a $ -
iii. Aggregate Outstanding Amount of all Tranches $ 319,606,053.40
of Securitized Utility Tariff Bonds
3 Required Funding/Payments as of Current Payment Date:
Principal Principal Due
i. Tranche A-1 $ 8,002,912.34
ii. Tranche A-2 n/a $ -
iii. For all Tranches of Securitized Utility tariff Bonds: $ 8,002,912.34
Interest Interest Rate
Days In Interest Period1
Principal Balance Interest Due
i. Tranche A-1 5.104% 180 $ 319,606,053.40 $ 8,156,346.48
ii. Tranche A-2 n/a n/a n/a $ -
iii. For all Tranches of Securitized Utility tariff Bonds: $ 8,156,346.48
Required level Funding Required
iv. Capital Subaccount $ 1,655,635.00 $ -
4 Allocation of Remittances as of Current Payment Date
Pursuant to 8.02(e) of Indenture
i. Indenture Trustee Fees and Expenses; Indemnity Amounts $ -
ii. Servicing Fee $ 82,781.75
iii. Administration Fee $ 28,730.30
iv. Other Operating Expenses Due or Paid during Term $ 125,300.55
v. Periodic Interest for Payment Date $ 8,156,346.48
Per $1,000 of Original
Tranche Aggregate Principal Amount
1 Tranche A-1 $8,156,346.48 $24.63
vi. Principal Due and payable as a result of an event of default or on final maturity $ -
vii. Periodic Principal for Payment Date $ 8,002,912.34
Per $1,000 of Original
Tranche Aggregate Principal Amount
1 Tranche A-1 $8,002,912.34 $24.17
viii. Other Unpaid Fees Owed to Indenture Trustee $ -
ix. Unpaid Operating Expenses related to Bonds $ -
x. Amount by which Required Capital Level Exceeds Capital Subaccount $ -
Public

xi. Return on Evergy Missouri West Capital Contribution $ 73,675.76
xii. Deposit to Excess Funds Subaccount $ 592,871.13
xiii. Released to Issuer upon Retirement of all Notes $ -
Aggregate Requirements as of Current Payment Date (4 i. though xiii.) $ 17,062,618.31
5 Subaccount Withdrawals as of Current Payment (if applicable,
pursuant to Section 8.02(e) of Indenture:
i. Excess Funds Subaccount $ 36,206.17
ii. Capital Subaccount $ 35,900.88
iii. Total Withdrawals $ 72,107.05
6 Outstanding Amount and Collection Account Balance as of Current
Payment Date (after giving effect to payments to be made on such Payment Date):
i. Tranche A-1 Balance $ 311,603,141.06
ii. Excess Funds Subaccount Balance $ 2,648,330.59
iii. Capital Subaccount Balance $ 1,655,635.00
Aggregate Reserve Account Balance $ 4,303,965.59
7 Shortfall in Interest and Principal Payments as of Current Payment Date
i. Semi-annual Interest Tranche A-1 Interest Payment $ -
ii. Semi-annual Principal Tranche A-1 Principal Payment $ -
8 Shortfalls in Required Subaccount levels as of Current Payment Date
Capital Subaccount $ -
1On 30/360 day basis for initial payment date.
IN WITNESS WHEREOF, the undersigned has duly executed and delivered this Semi-Annual
Servicer's Certificate as of the date first above written.
EVERGY MISSOURI WEST, INC.,
a Delaware corporation
By: /s/ Matthew B. Gummig
Matthew B. Gummig
VP, Chief Accounting Officer
Public
Evergy Missouri West Storm Funding I LLC published this content on June 12, 2025, and is solely responsible for the information contained herein. Distributed via SEC EDGAR on June 12, 2025 at 21:11 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at support@pubt.io