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Wednesday, April 7, 2010 as of 11:14 AM ET

Ameren Corp.

Ameren Corporation was created December 31, 1997 by the merger of Missouri's Union Electric Company (formerly NYSE: UEP) and the neighboring Central Illinois Public Service Company (CIPSCO Inc.

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Buffett's MidAmerican Starts Renewable-Energy Business

The MidAmerican Energy unit of Warren Buffett's Berkshire Hathaway Inc.

(BRKA, BRKB) said Tuesday it has started a new company to oversee a growing stable of solar, wind and other renewable-energy projects.MidAmerican Energy Holdings Co., of Des Moines, said it has placed solar and wind farms, geothermal power plants and its interest in a small hydroelectric project into a new company called MidAmerican Renewables LLC.MidAmerican's president and chief executive, Greg Abel, said the company expects U.S. demand for renewable energy to continue growing and that the company wants "to be a leader in this area."On Monday, MidAmerican said it plans to buy an 81-megawatt wind farm in Illinois from Invenergy Wind LLC as part of the company's growing wholesale renewable-energy business. Terms of the deal weren't disclosed.The wind farm has a contract to sell the electricity it generates to Ameren Corp.'s (AEE) Illinois utility.In December, MidAmerican said it would buy a $2 billion California so...

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  1. Illinois Lawmakers Override Veto To Pass $3.2 Billion Smart-Grid Bill

    Illinois lawmakers voted to override the governor's veto of a bill that would allow the state's two large utilities to raise rates for a $3.2 billion upgrade of the ...

  2. CEO Opposes Dividend Tax Hike

    Ameren Corp . CEO Thomas Voss argues many people depend on the dividend for their livelihood.

  3. Ameren Announces Board Member Changes

    Ameren Corp. (AEE) said Friday that three of its directors will not seek reelection at the company’s annual meeting on April 27.The St. Louis-based energy company sa...

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