Ameren Corporation (NYSE: AEE) is among the nation's largest investor-owned electric and gas utilities, with about $23 billion in assets. The largest electric utility in Missouri and the second largest in Illinois, Ameren companies provide energy services to 2.4 million electric and one million natural gas customers throughout its 64,000-square-mile territory. Created by the year-end 1997 merger of Union Electric Company and Central Illinois Public Service Company, the company grew in 2003 with the acquisition of Central Illinois Light Company and again in 2004 with the acquisition of Illinois Power Company. Ameren prides itself on a long, successful tradition of financial strength, cost containment, low rates and highly rated customer service, as well as nine decades of uninterrupted cash dividend payments to stockholders.
Ameren Illinois offers options for managing heating expenses
COLLINSVILLE, Ill., March 4, 2014 /PRNewswire/ -- Ameren Illinois' purchasing strategies have kept gas supply prices lower than last year, but increased energy usage resulting from extreme cold temperatures may mean higher winter heating bills for Ameren Illinois customers.
"This has been a particularly brutal winter for our customers," said Stan Ogden, vice president, Customer Service, noting that the Illinois State Climatologi...
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-- 2013 Diluted EPS from Continuing Operations Were $2.10
-- 2014 EPS from Continuing Operations Guidance Established at $2.25 to $2.45
-- EPS from Continuing Operations Expected to Grow at a 7% to 10% Compound Annual Rate from 2013 through 2018
ST. LOUIS, Feb. 21, 2014 /PRNewswire/ -- Ameren Corporation (NYSE: AEE) today announced 2013 net income from continuing operations of $512 million, or $2.10 per diluted share, compared to 2012 net income...
Project Will Improve Reliability, Provide Access to Low-Cost Power
ST. LOUIS, Feb. 20, 2014 /PRNewswire/ -- Today's decision by the Illinois Commerce Commission (ICC) clears the way for the nearly 400-mile-long Illinois Rivers electric transmission project that will create jobs, facilitate the delivery of low-cost power and improve the reliability and efficiency of the electric power grid.
Ameren Transmission Company of...
ST. LOUIS, Feb. 18, 2014 /PRNewswire/ -- Ameren Corporation (NYSE: AEE) announced today that, in connection with the planned retirement of Chairman and Chief Executive Officer Thomas R. Voss, its Board of Directors decided that, effective immediately, Warner L. Baxter will succeed Voss as President of Ameren and that Baxter has been elected to Ameren's Board of Directors. Ameren also announced that Baxter will become CEO on April 24, 2014, at which time Voss will become Executive Chairman. Vos...