Latest Ameren Stories
Association Statewide Van Tour Against Unfair Utility Rate Hikes in Progress CHICAGO, May 5, 2013 /PRNewswire-USNewswire/ -- AARP commends Governor Pat Quinn for his veto of Senate Bill 9 and urges the General Assembly to uphold it. "AARP applauds Governor Quinn's decision to veto this premature and bad public policy that has nothing to do with infrastructure development or service improvement and everything to do with higher profits for the utility companies," said AARP Illinois...
Issues Guidance for 2013 Earnings from Continuing Operations ST. LOUIS, May 2, 2013 /PRNewswire/ -- Ameren Corporation (NYSE: AEE) today announced first quarter 2013 net income from continuing operations of $54 million, or 22 cents per share, compared to first quarter 2012 net income from continuing operations of $37 million, or 15 cents per share. With the March 2013 announcement of a definitive agreement to divest its merchant generation business to an affiliate of Dynegy...
DiversityInc recognizes company's hiring, sourcing, and leadership practices ST. LOUIS, April 26, 2013 /PRNewswire/ -- For the fourth year in a row, Ameren Corporation was selected by DiversityInc as a Top 7 Regional Utility for Diversity for 2013. The designation recognizes Ameren's commitment to hiring diverse candidates, contracting with diverse suppliers, and leadership's commitment to promoting a workplace of inclusion. Ameren ranks fourth on the "Regional Utilities" Specialty...
ST. LOUIS, April 23, 2013 /PRNewswire/ -- The board of directors of Ameren Corporation (NYSE: AEE) today declared a quarterly dividend on its common stock of 40 cents per share. The common share dividend is payable June 28, 2013, to shareholders of record on June 12, 2013. Separately, the board of directors of Union Electric Company (Ameren Missouri) declared regular quarterly dividends on all classes of Union Electric Company's preferred stock. That preferred stock dividend is...
LONDON, April 19, 2013 /PRNewswire/ -- Utilities are expected to see a sharp increase in costs this year as they boost capital spending to improve their existing infrastructure. Utilities are also required to meet new environmental regulations, which will further increase costs. Meanwhile, utilities will be hoping for a return to more normal weather pattern in 2013. Electric utilities, however, will continue to benefit from a sharp drop in natural gas prices. Natural gas...
CHICAGO, April 1, 2013 /PRNewswire-USNewswire/ -- As more than 200 Illinois communities prepare to hold April 9 referenda asking residents if they want local leaders to negotiate power prices with ComEd and Ameren competitors, the Citizens Utility Board (CUB) on Monday alerted consumers about a free guide to help people make an informed vote. CUB's Guide to Municipal Electricity Aggregation is at www.CitizensUtilityBoard.org. "Electricity choice must be an informed choice," CUB...
- Two woman-owned business CEOs to attend Tuck School of Business at Dartmouth College ST. LOUIS, April 1, 2013 /PRNewswire/ -- One minority, woman-owned and one woman-owned construction companies were awarded business development scholarships from Ameren Corporation to attend the Minority Business Executive Program at the Tuck School at Dartmouth College in Hanover, N.H. The scholarships were awarded March 27 as part of Ameren's two-day Supplier Diversity Symposium in St. Louis....
Legislation includes strong regulatory safeguards, holds utilities accountable for achieving results COLLINSVILLE, Ill., March 26, 2013 /PRNewswire/ -- To leverage abundant natural gas supplies and low wholesale costs, Illinois employer and labor organizations and Ameren Illinois outlined details of a legislative proposal to accelerate the modernization of Illinois' aging natural gas delivery infrastructure while maintaining Illinois Commerce Commission (ICC) regulatory oversight....
SB 1665/HB 2414 WOULD SLAM ILLINOIS CONSUMERS WITH A DECADE OF YEARLY, AUTOMATIC RATE HIKES TOTALING UP TO $3 BILLION CHICAGO, March 26, 2013 /PRNewswire-USNewswire/ -- Gas utilities are pushing legislation that would cripple consumer protections and hit customers with the equivalent of a 10-year "natural gas tax" of up to $3 billion, AARP Illinois and the Citizens Utility Board (CUB) warned Tuesday as they kicked off a statewide campaign against Senate Bill 1665/House Bill 2414....
CHICAGO, March 25, 2013 /PRNewswire-USNewswire/ -- AARP Illinois and the Citizens Utility Board (CUB) will launch a statewide campaign to alert natural gas customers about little-known legislation that would wipe out consumer protections, weaken the Illinois Commerce Commission (ICC), and mandate what amounts to a 10-year "gas tax" of up to $3 billion on Chicago customers. The news conference is: 10:30 a.m., Tuesday, March 26CUB Headquarters 309 West Washington St., Suite...
