BNET Industries
Market Cap:$2.8M
Last Fiscal Year Sales:$2.9B
- Public
- 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
1901 Chouteau Avenue
Mc 1370
St Louis, Missouri 63166
314-621-3222
Peer Companies
NAICS Code Other Electric Power Generation: 221119
News & Analysis
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union electric co. - All News and Analysis
MASTEEL JOINS HANDS WITH UNION ELECTRIC STEEL
- 2007-05-28
AsiaInfo Services 05-28-2007 maanshan+iron+&+steel+ltd.[maanf] Masteel Joins Hands with Union Electric Steel MAANSHAN, May 28, 2007 SinoCast via COMTEX -- Union Electric Steel Corp., the world's largest wrought hardened steel producer, reached an agreement with Maanshan Iron and...
Fitch Rates Union Electric's $260MM Senior Notes 'A+'
- 2005-12-14
NEW YORK -- Fitch Ratings assigns an 'A+' rating to Union Electric's dba AmerenUE $260 million 5.4% senior secured notes due Feb. 2, 2016. The Rating Outlook is Stable. AmerenUE is a wholly owned subsidiary of Ameren Corp and is a vertically integrated utility that is engaged in the...
Fitch Rates Union Electric's $300MM Senior Secured Notes 'A+'
- 2005-07-19
NEW YORK -- Fitch Ratings assign an 'A+' rating to Union Electric's dba AmerenUE $300 million of 5.30% fall-away senior secured notes due 2037. The Rating Outlook is Stable. AmerenUE is a wholly owned subsidiary of Ameren Corp and is a vertically integrated utility that is engaged in the...
Fitch Rates Union Electric's $300MM Fall-Away Sr Sec Notes 'A+'
- 2004-09-22
NEW YORK -- Fitch Ratings assigns an 'A+' rating to Union Electric's dba AmerenUE $300 million in new fall-away senior secured notes due 2019. The Rating Outlook is Stable. AmerenUE's credit profile is based upon its strong earnings and cash flow from regulated electric and gas utility operations. The...
Fitch Rates Union Electric's $104MM Fall-Away FMBs 'A+'
- 2004-05-13
Business Editors NEW YORK--BUSINESS WIRE--May 13, 2004 Fitch Ratings has assigned an 'A+' rating to Union Electric's dba AmerenUE $104 million in new fall-away first mortgage bonds FMBs, with a maturity of May 15, 2014. The Rating Outlook is Stable. AmerenUE's ratings are based upon its strong...
Utility offers to service all equipment in St. Louis.(plan by Union Electric Co., St. Louis, MO is opposed by some hvac contractors)
- 1996-09-02
St. Louis, MO's local electric utility, Union Electric Co. EU, has proposed its UE On-Call Appliance Plan that has hvac contractors worried. The plan would offer warranty service to UE's 800,000 customers, a move which some contractors feel would cut into their business. A convention attended by 150 contractors sought...
Union Electric signs a merger agreement with CIPSCO
- 1995-08-28
St. Louis-based Union Electric has announced a friendly merger agreement with Cipsco Inc. of Springfield Ill. with an estimated value of close to $1 billion. The transaction would combine two of the strongest Midwest electric utilities.The deal would create a new holding company, not yet named. According to terms of...
Union Electric selects Alpharel for Callaway Nuclear
- 1995-03-23
SAN DIEGO--BUSINESS WIRE--March 23, 1995--Alpharel (NASDAQ/NMS:AREL), a principal supplier of enterprise-wide imaging application software, Thursday announced that it has signed a contract with Union Electric to image-enable the Callaway Nuclear Plant's current software applications.The decision follows a feasibility study by Callaway determining that imaging would benefit the plant's overall information...
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