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It’s been a month since AmerenUE declared that it was suspending plans to build a second nuclear plant in Missouri after efforts to repeal the state’s ban on construction work in progress (CWIP) failed.
Backers of the legislation said Missourians missed…
Two years after joining AmerenUE to head up the utility’s public relations efforts, former KSDK-TV news anchor Karen Foss is being promoted to senior vice president at Ameren Corp.
Foss, 65, will oversee communications and brand management for St. Louis-based Ameren…
Moody’s Investors Service called Ameren Corp.’s 39 percent dividend cut, announced late Friday, a “conservative, prudent and credit positive action that will conserve cash and support financial coverage metrics.” But the move wasn’t enough to merit a ratings upgrade. Moody’s still…
With the economy mired in a funk, many retailers saw steep declines in holiday sales. An exception? Utilities. They saw gains in sales of gift certificates that allow consumers to pay their friends’ or family’s natural gas or electric bills, according to…
Ameren Corp. and its subsidiaries reported in a Securities and Exchange Commission filing that exposure to the Lehman Bros. bankruptcy filing on Monday is minimal:
Standard & Poor’s lifted its credit ratings for Ameren Corp.’s Illinois utilities to investment grade on Thursday, just days ahead of a possible decision by regulators on a request to raise electric and gas rates by $207 million.
The ratings for AmerenIP,…
Moody’s Investors Service on Wednesday cut its rating on Ameren Corp.’s long-term debt rating to Baa3 – a notch above junk, or speculative grade – citing the St. Louis company’s declining cash flow relative to its debt obligations. The ratings downgrade affects about…
Like most shareholder meetings, yesterday’s Ameren Corp. gathering at the St. Louis Art Museum was short on drama, and news. There was the usual board election, auditor ratification and company overview from Chief Executive Gary L. Rainwater. But his comments during the Q&A…
Some AmerenUE residential customers received a e-mailed letter from utility Chief Executive Thomas R. Voss warning of a coming rate increase request. And, no, it wasn’t an April Fool’s joke.
An electronic copy of the letter was sent to Ameren’s eNews electronic newsletter this afternoon. All customers should…
The Missouri Public Service Commission voted 4-1 Thursday approving rules that may allow electric utilities to impose a customer surcharge to recover environmental expenses, PSC spokesman Kevin Kelly said.
Commissioner Robert Clayton III voted against the rules, which will take effect…
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