Ameren Corp. Feb 09
- ID: 1821937
- February 2009
- Standard & Poors
A mostly regulated electric and gas company; Improving regulatory environment in Missouri; and Unregulated businesses are highly hedged in 2009. Large capital expenditures for investments in infrastructure and pollution control equipment; Significant market exposure from its unregulated businesses; and Requires constant access to volatile capital markets. The ratings on Ameren Corp. reflect its consolidated credit profile. Ameren ratings also reflect its satisfactory business profile and aggressive financial profile. Ameren's subsidiaries consist of utilities Union Electric Co. (UE), Central Illinois Public Service Co. (CIPS), CILCORP Inc, Central Illinois Light Co. (CILCO) (a subsidiary of CILCORP), and Illinois Power Co. Ameren's unregulated businesses include Ameren Energy Generating Co. (AEGC), and Ameren Energy Resources Generating Co. (AERG), (a subsidiary of CILCO). Ameren also...
Companies mentioned in this report are:
- Ameren Corp.
- Central Illinois Light Co.
- Ameren Illinois Co.
- Illinois Power Co.
- Union Electric Co. d/b/a Ameren Missouri
- CILCORP Inc.
- Illinois Power Generating Co.
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