Full-Time
Electric and natural gas utility provider
$45.50/hr
Junior, Mid
Springfield, IL, USA
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Ameren Corporation provides electric and natural gas services to millions of customers in Illinois and Missouri. The company operates two main divisions: Ameren Illinois, which focuses on electric distribution and transmission as well as natural gas distribution, and Ameren Missouri, which offers integrated electric services and natural gas distribution. Ameren Missouri has a generating capacity of over 10,200 megawatts. Serving 2.4 million electric customers and over 900,000 natural gas customers across a 64,000 square mile area, Ameren is the largest electric utility in Missouri and the second largest in Illinois. Unlike many competitors, Ameren is a significant investor-owned utility, which allows it to maintain a large infrastructure and provide reliable service. The company's goal is to enhance the quality of life for its customers by ensuring access to essential energy services.
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
St. Louis, Missouri
Founded
1881
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Utility giant raises $500M through 2035 bonds at 5.25%, strengthening financial position for infrastructure investments. Full analysis inside.
Learn about Ameren's public offering of senior notes and its implications for corporate financing and short-term debt repayment.
Further, LIHEAP partnered with electric and gas provider Ameren through the Ameren Cares program to fund an additional 85 households on average.
ST. LOUIS, Feb. 27, 2025 /PRNewswire/ -- Ameren Corporation (NYSE: AEE) announced today the pricing of a public offering of $750 million aggregate principal amount of 5.375% senior notes due 2035 at 99.822% of their principal amount. The transaction is expected to close on March 7, 2025, subject to the satisfaction of customary closing conditions.Ameren intends to use the net proceeds of the offering for general corporate purposes, including to repay a portion of its short-term debt.Barclays Capital Inc., J.P. Morgan Securities LLC, Mizuho Securities USA LLC, MUFG Securities Americas Inc. and Wells Fargo Securities, LLC are acting as joint book-running managers for the offering.The offering is being made only by means of a prospectus and related prospectus supplement
Company also details benefits from Smart Energy Plan investments in a stronger grid that saved customers 8 million minutes in outages in 2024ST. LOUIS, Feb. 14, 2025 /PRNewswire/ -- Ameren Missouri, a subsidiary of Ameren Corporation (NYSE: AEE), announced a significant change to its generation strategy, aiming to accelerate generation investments to support robust economic expansion, bolster reliability and create jobs across Missouri. The revision to Ameren Missouri's Preferred Resource Plan in its Integrated Resource Plan (IRP) is designed to provide for 1.5 gigawatts (GW) of expected new energy demand by 2032, with a balanced mix of generation resources to deliver reliable, affordable and cleaner energy for all customers.Building off the success of bringing in nearly two dozen new economic development projects in 2024, Ameren Missouri has construction agreements with potential large load customers for new energy demand."These agreements are an initial step," said Mark Birk, chairman and president of Ameren Missouri. "Work remains with key stakeholders to secure these customers and provide benefits to our communities."To support these investments in new energy generation and to provide the reliable delivery of that energy to customers, today, Ameren Missouri also filed its updated Smart Energy Plan with the Missouri Public Service Commission. The $16.2 billion, five-year plan calls for continued investments in modern infrastructure to enhance grid reliability and resiliency."Our customers depend on Ameren Missouri to continue investing in reliability, whether that's through a balanced mix of energy resources or strengthening the grid by upgrading and maintaining aging infrastructure