Profile: Ameren Corp (AEE)
6 Dec 2016
Ameren Corporation (Ameren), incorporated on August 7, 1995, is a public utility holding company. Ameren's primary assets are its equity interests in its subsidiaries, including Union Electric Company (doing business as Ameren Missouri) and Ameren Illinois Company (Ameren Illinois). Ameren operates through two segments: Ameren Missouri and Ameren Illinois. Ameren Missouri and Ameren Illinois each have one segment. The Ameren Missouri segment for both Ameren and Ameren Missouri includes all the operations of Ameren Missouri. The Ameren Illinois segment for both Ameren and Ameren Illinois consists of all of the operations of Ameren Illinois. Ameren's subsidiaries are separate, independent legal entities with separate businesses, assets, and liabilities. Ameren Missouri operates a rate-regulated electric generation, transmission, and distribution business and a rate-regulated natural gas transmission and distribution business in Missouri. Ameren Illinois operates rate-regulated electric and natural gas transmission and distribution businesses in Illinois.
Ameren has various other subsidiaries that conduct activities, such as the provision of shared services. Ameren also has a subsidiary, Ameren Transmission Company of Illinois (ATXI) that operates a rate-regulated electric transmission business. ATXI is developing electric transmission projects, including the Illinois Rivers, Spoon River, and Mark Twain projects. Ameren is also pursuing projects for the electric transmission system reliability within Ameren Missouri's and Ameren Illinois' service territories, as well as electric transmission investment opportunities outside of these territories. Ameren owns an integrated transmission system that consists of the transmission assets of Ameren Missouri, Ameren Illinois, and ATXI. The Ameren transmission system directly connects with over 15 other balancing authority areas for the exchange of electric energy. Ameren Missouri's electric supply is primarily generated from its energy centers.
1901 Chouteau Ave
ST. LOUIS MO 63103-3003
Company Web Links
- BRIEF-Ameren Illinois announces pricing of senior secured notes offering
- BRIEF-Ameren Q3 earnings per share $1.52
- BRIEF-Ameren Corporation increases quarterly cash dividend
- BRIEF-Ameren Q2 non-GAAP core earnings per share $0.61
- BRIEF-Ameren Missouri announces pricing of senior secured notes offering