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                                                                      Exhibit 21


                         SUBSIDIARIES OF THE REGISTRANTS

Louisville Gas and Electric Company (a Kentucky corporation), Kentucky Utilities
Company (a Kentucky and Virginia corporation), LG&E Capital Corp. (a Kentucky
corporation), WKE Corp. (a Kentucky corporation), Western Kentucky Energy Corp.
(a Kentucky corporation), LG&E Power Inc. (a Delaware corporation), LG&E Power
Services Inc. (a California corporation), LG&E Power Operations Inc. (a
California corporation), LG&E Energy Marketing Inc. (an Oklahoma corporation),
LG&E International Inc. (a Delaware corporation), CRC-Evans International, Inc.
(a Delaware corporation) and CRC-Evans Pipeline International, Inc. (a Delaware
corporation) are significant subsidiaries of LG&E Energy Corp.

Louisville Gas and Electric Company, Kentucky Utilities Company, LG&E Energy
Marketing Inc. and LG&E Capital Corp. are wholly-owned direct subsidiaries of
LG&E Energy Corp., WKE Corp., LG&E Power Inc., LG&E International Inc. and
CRC-Evans International, Inc. are wholly-owned direct subsidiaries of LG&E
Capital Corp. Western Kentucky Energy Corp. is a wholly-owned direct subsidiary
of WKE Corp., LG&E Power Services Inc. and LG&E Power Operations are
wholly-owned direct subsidiaries of LG&E Power Inc. CRC-Evans Pipeline
International, Inc. is a wholly-owned subsidiary of CRC-Evans International,
Inc.

LG&E Capital Corp., directly and through it subsidiaries and affiliates,
including WKE Corp., LG&E Power Inc., LG&E Power Inc., and CRC-Evans
International, Inc., is a holding company for non-regulated domestic energy and
energy related operations, investments, activities and services.

WKE Corp., together with Western Kentucky Energy Corp. and five other
subsidiaries, leases and operates power generation facilities in western
Kentucky and related assets.

LG&E Power Inc. conducts non-regulated domestic energy operations and activities
through its subsidiaries and affiliates, including LG&E Power Services Inc. and
LG&E Power Operations Inc. LG&E Power Services Inc. operates and maintains
domestic power generation facilities. LG&E Power Operations Inc., together with
approximately 37 subsidiaries or affiliates operating in the United States, owns
interests in domestic power generation facilities. Approximately twenty-one
other subsidiaries of LG&E Power Inc. (20 operating in the United States and one
operating in Canada) together are involved in the gathering, processing, storage
and transportation of natural gas in the United States and the marketing of
natural gas in Canada.

LG&E International Inc., together with eight subsidiaries operating in the
United States, three operating in Argentina and


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two in Spain, holds LG&E Energy Corp.'s investments in the Argentine gas
distribution companies and its current investments in foreign power generation
facilities.

LG&E Energy Marketing Inc., together with one subsidiary operating in the United
States, markets and brokers electric power and natural gas in the United States.

CRC-Evans International, Inc., together with CRC-Evans Pipeline International,
Inc. and five other subsidiaries, provides equipment leasing and other services
to the pipeline construction and repair industry in North America and worldwide.

Louisville Gas and Electric Company has no subsidiaries.

Kentucky Utilities Company has one subsidiary, Lexington Utilities Company (a
Kentucky corporation).