BNET Industries
Last Fiscal Year Sales:$1.6B
- Private
- US
Dow Jones Description
Ameren, headquartered in St. Louis, Missouri, is a public utility holding company registered with the SEC under the PUHCA. Ameren was formed in 1997 by the merger of UE and CIPSCO, the former parent company of CIPS. Ameren acquired CILCORP in 2003 and IP in 2004. Amerens primary asset is the common stock of its subsidiaries, including UE, CIPS, Genco, CILCORP and IP. Amerens subsidiaries operate rate-regulated electric generation, transmission and distribution businesses, rate-regulated natural gas distribution businesses, and non-rate-regulated electric generation businesses in Missouri and Illinois. Dividends on Amerens common stock are dependent on distributions made to it by its subsidiaries. See Note 1 - Summary of Significant Accounting Policies to our financial statements under Part II, Item 8, of this report for a more detailed description of the Ameren Companies and the development of their businesses. The following table presents our total employees at December 31, 2004: Ameren UE CIPS Genco CILCORP(parent) CILCO IP 9,388(a) 3,944 754 596 4 769 1,722
Contact Information
500 S 27th St
C/O Harris Trust & Savings Bank
Decatur, Illinois 62525-1805
2174246600
Peer Companies
NAICS Code Other Electric Power Generation: 221119
Recent Events
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News & Analysis
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illinois power co. and peco energy co. - All News and Analysis
AmerGen Takes Control of Clinton, Ill., Nuclear Plant.
Knight Ridder/Tribune Business News Dec. 16 -- CLINTON, Ill. -- The Clinton nuclear plant has a new owner, but will still supply electricity for area homes and businesses for the next five years. AmerGen Energy took control of the 935-megawatt plant at...
Illinois Power, AmerGen Closer to Finalizing Deal for Nuclear Plant.
Knight Ridder/Tribune Business News Jul. 1 -- CLINTON, Ill. -- Illinois Power Co. and AmerGen Energy Co. say they've signed a purchase agreement that will make AmerGen the new owner and operator of IP's Clinton nuclear plant. Under the agreement, AmerGen will...
Illinois Power Nuclear Plant Is Back in Operation.
Knight Ridder/Tribune Business News Jun. 12 -- Despite a string of days in the lower 90s, Illinois Power Co. of Decatur, Ill., has had little trouble meeting customers' electricity demands this summer for one reason: Its 950-megawatt Clinton nuclear power plant is...
Clinton, Ill., Nuclear Plant Workers Happy with Restart.
Knight Ridder/Tribune Business News May 28 -- CLINTON, Ill. -- Work crews involved in restarting Illinois Power's Clinton nuclear power plant were thrilled to see it go back on line early Thursday morning, but they kept their enthusiasm inside. Chief Nuclear...
PECO-British Energy Venture to Buy Plant from Illinois Power.
Knight Ridder/Tribune Business News Apr. 15 -- CLINTON, Ill. -- AmerGen Energy, a joint partnership between PECO Energy of Philadelphia and British Energy, has agreed to buy and operate Illinois Power's Clinton nuclear plant. Under an interim agreement announced today, IP would...
AmerGen to Buy Illinois Power Nuclear Plant.
Knight Ridder/Tribune Business News Apr. 16 -- Illinois Power Co. has reached a preliminary agreement to sell its costly, closed Clinton nuclear power plant for about $200 million, a small fraction of the 12-year-old plant's original $4.25 billion pricetag. The buyer...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Larry D. Haab | CEO |
| Gary L Rainwater | President and Director |
| Shawn E. Schukar | Vice President, Energy Delivery Operations |
| Organization | Position | Status |
|---|---|---|
| Illinois Power Co | CEO | Current |
| Illinois Power Co | President | Current |
| Millikin University | Chairman of the Board | Current |
| Illinois Power Co | Chairman | Current |
| Main Street Trust Inc. | Board of Directors | Current |
| Millikin University | Trustee | Former |
| Price Waterhouse & Co. | public accounting | Former |
| Organization | Position | Status |
|---|---|---|
| Illinois Power Co | President and Director | Current |
Shawn Schukar was named Vice President, Ameren Energy Inc. on June 1, 2005. Prior to this position, he was vice president, Commercial RTO Operations, for Ameren Services. Mr. Schukar joined the Ameren family as vice president, Energy Delivery Operations, for Illinois Power Company, now doing business as AmerenIP. Mr. Schukar joined Illinois Power (IP) in 1984 as an engineer at the Hennepin Power Station. He has held positions in power plant operations, power plant engineering, generation control, power trading, power marketing, retail pricing, risk management, transmission operations, transmission services, business planning, gas control, and customer tariff management. Responsibilities at Ameren include: overseeing Ameren Energy's trade floor and long-term marketing efforts, as well as creating, managing & implementing business plans, budgets, trading portfolios, and strategies for Ameren Energy. A licensed professional engineer in the State of Illinois, Mr. Schukar earned a bachelor of science degree in mechanical engineering in 1983 and a master's degree in business administration in 1991 both from the University of Illinois.
| Organization | Position | Status |
|---|---|---|
| Ameren Corporation | Vice President, Commercial Rto Operations | Current |
| Ameren Corporation | Vice President | Current |
| Illinois Power Co | Vice President, Energy Delivery Operations | Current |
| Union Electric Company | Vice President | Former |
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