Infinata Report

Template ID : 2705 Edit

Access More Information on Ameren Corporation !

	Corporate Tracker Subscribers have complete access to all available research and information on Ameren Corporation including detailed executive and manager listings, financial data, M&A and financing activities, personnel changes and more. Register for a free trial today and see what you've been missing.

One Amereven Plaz, 1901 Chouteau Ave,

St Louis, MO 63103

USA

Phone

314.621.3222

Company Information

Company Information
Industry	Electric Utilities, Power Generation, and Equipment Manufacturing

# of Employees	8988

Ownership	Public Company



Company Security Requirements	1. Very High

Company Storage Requirements	1. Very High

Fortune 1000 Rank	339

Description

Ameren Corporation is a public utility holding company. Ameren's asset is the common stock of its subsidiaries, including Union Electric Company (UE), Central Illinois Public Service Company (CIPS), Ameren Energy Generating Company (Genco), CILCORP Inc. and Illinois Power Company (IP). Ameren's 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.

Top Executives

Executive Name	Title
Baxter, Warner	Chief Financial Officer, Executive Vice President
Cisel, Scott	President And Chief Executive Officer
Kelley, R	President And Chief Executive Officer Of Amerenenergy Resources
Mueller, Michael	President Of Amerenenergy Fuels & Services
Naslund, Charles	Senior Vice President And Chief Nuclear Officer
Power, Joseph	VP, Federal Legislative And Regulatory Affairs And Chief Compliance Officer
Rainwater, Gary	Chairman Of The Board, President, Chief Executive Officer
Randolph, Garry	Chief Nuclear Officer
Serri, Andrew	President Of Amerenenergy Marketing
Voss, Thomas	Chief Operating Officer, Executive Vice President

View All Ameren Corporation Management and Contacts Available thru Corporate Tracker

Corporate Tracker doesn't just provide C-level executives, but goes deep within the organizational structure of the companies, governments and academic institutions that we track. This ensures that you are able to identify the decision makers and influencers that allow you to grow your business.

Register for a free trial today and view all executives and managers.

Recent Company Events

Date	Type of Event	Details
2008-02-14	Earnings/Dividends	Ameren Corporation today announced 2007 net income in accordance with generally accepted accounting principles (GAAP) of $618 million, or $2.98 per share, compared to 2006 GAAP net income of $547 million, or $2.66 per share. Excluding unusual items in each year, Ameren recorded 2007 non GAAP net income of $690 million, or $3.34 per share, compared to 2006 non GAAP net income of $599 million, or $2.92 per share. Ameren recorded GAAP net income of $108 million, or 52 cents per share, for the fourth quarter of 2007, compared to $61 million, or 30 cents per share, for the fourth quarter of 2006. Excluding unusual items in the fourth quarter of each year, Ameren recorded 2007 non GAAP net income of $123 million, or 61 cents per share, compared to 2006 non GAAP net income of $89 million, or 43 cents per share. A reconciliation of GAAP to non GAAP earnings per share is as follows: Fourth Quarter Year 2007 2006 2007 2006 GAAP earnings per share $0.52 $0.30 $2.98 $2.66 Illinois electric rate relief settlement, net 0.08 0.21 Severe storms 0.13 0.09 0.26 Retroactive federal regulatory order 0.01 0.06 Non GAAP earnings per share $0.61 $0.43 $3.34 $2.92 Non GAAP earnings in 2007 principally benefited from higher priced power sales contracts in Ameren's non rate regulated generation business segment, the June 2007 implementation of a Missouri electric rate order and greater demand for electricity and natural gas caused by warmer summer and cooler winter weather than in 2006. Reducing the benefit of these positive items were, among other things, higher fuel costs and bad debt expenses, lower emission credit sales, increased expenditures to improve reliability in Ameren's regulated business segments and higher depreciation and financing costs due to greater energy infrastructure investment. In addition, there were fewer sales of non core assets in 2007. "In 2007, we accomplished some key objectives we believe will bring significant long term benefits to our customers and shareholders," said Gary L. Rainwater, chairman, president and chief executive officer of Ameren Corporation. "In Illinois, we reached a settlement that will help our customers' transition to new electric rates and bring stability to the power procurement process. In Missouri, we were able to settle all state and federal issues associated with the Taum Sauk Plant reservoir breach, and we have begun rebuilding the upper reservoir of that pumped storage hydroelectric plant. And in both states, we have significantly increased our investments in our energy infrastructure to deliver the reliable energy and cleaner air our customers and communities expect. These investments will also significantly contribute to the future earnings growth in our regulated businesses." "However, our returns in 2007 and expected returns in 2008 in Missouri and Illinois are below levels allowed by the respective state utility commissions in our last rate cases since our current rates are significantly below the cost and investment levels we are facing in our business today," added Rainwater. "As a result, in late 2007 we sought an aggregate $247 million electric and gas rate increase in Illinois and expect to file an electric rate increase request in Missouri in the second quarter of 2008 to mitigate these higher cost levels. In a rising cost environment, earnings will be negatively impacted due to regulatory lag until appropriate levels of rate relief are granted." Ameren reaffirmed today it expects 2008 GAAP earnings to be in the range of $2.68 to $3.08 and non GAAP earnings to be in the range of $2.80 to $3.20 per share. An estimated 12 cents per share negative impact in 2008 of the 2007 settlement agreement among parties in Illinois to provide comprehensive electric rate relief and customer assistance is excluded from 2008 non GAAP earnings guidance. Ameren also reaffirmed that its business segments are expected to contribute
2008-02-08	Earnings/Dividends	ST. LOUIS--(BUSINESS WIRE)--Gary L. Rainwater, President, Chairman, President and CEO of Ameren (NYSE: AEE) will join Warner L. Baxter, President and CEO of Ameren Services and CFO of Ameren Corp., to discuss fourth-quarter and full-year 2007 financial results and other matters related to the company in a conference call with financial analysts on Thursday, Feb. 14, at 10:00 a.m. Eastern Time (9:00 a.m. Central Time). The call will be broadcast live over the Internet at www.ameren.com. Supporting materials for the call will also be posted in the Investors/Presentations area of Ameren's Web site. A replay of the Webcast will be available by from approximately one hour after the call for one year. Ameren serves approximately 2.4 million electric customers and almost one million natural gas customers in a 64,000 square mile area of Missouri and Illinois. Ameren owns a diverse mix of electric generating plants strategically located in its Midwest market with a generating capacity of more than 16,400 megawatts.
2008-01-09	Contract/Agreements	The Edison Electric Institute today honored Ameren Corporation as a winner of the association's "Emergency Recovery Award" for outstanding efforts to restore electric power in the wake of two severe ice storms during the space of six weeks in late 2006 and early 2007. EEI's "Emergency Recovery Award" is presented annually to recognize outstanding efforts in restoring electric service that has been disrupted by severe weather conditions or other natural events. Winners are chosen by a panel of judges following an international nomination process, and the awards were presented during EEI's winter CEO meetings in Arizona today. The two winter storms, of a severity rarely seen in Ameren companies' affected service region, together caused outages to more than 1.1 million customers in and around the company's Missouri and Illinois territories. Extreme and dangerous icy conditions during both storms made restoration work especially challenging for Ameren companies' employees. However, the company aggressively and strategically deployed more than 4,000 electrical workers and 1,400 tree and vegetation workers, as well as hundreds of other employees, during each storm. Ameren companies also maintained almost constant communications with customers both directly and via the news media throughout both restoration efforts. "Ameren's outstanding response in the face of two history making ice storms offers a terrific example of a company using all of its resources in order to restore electricity service even in highly unusual and unfavorable circumstances," said EEI President Thomas R. Kuhn. "The company's preparedness for both storms and its strategic yet aggressive approach in highly unfavorable conditions are a testament to our industry's dedication to getting the lights back on as soon as possible after devastating storms like these." Edison Electric Institute (EEI) is the association of United States investor owned electric utilities and industry affiliates and associates worldwide. Its domestic members generate approximately three quarters of all the electricity generated by electric utilities in the country and serve about 70 percent of all ultimate customers in the nation. s.server=server() s.channel="news release" s.pageName="news_release_eei honors ameren corporation with 'emergency recovery award' for ice storm restoration" s.prop2="109" s.prop3="01 09 2008" /*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code); //

For assistance call Corporate Tracker Support at 1.866.501.6948

--------------------------------------------------------------------- --------------------------------------------------------------------- --------------------------------------------------------------------- ---------------------------------------------------------------------