July 29, 2014 6:21 AM ET

Independent Power and Renewable Electricity Producers

Company Overview of Ameren Energy Resources Company, LLC

Company Overview

Ameren Energy Resources Company, LLC operates merchant generation business segment that generates and distributes power throughout the United States. The company was founded in 2000 and is based in St. Louis, Missouri. Ameren Energy Resources Company, LLC operates as a subsidiary of Ameren Corporation. As of December 2, 2013, Ameren Energy Resources Company, LLC operates as a subsidiary of Dynegy Inc.

One Ameren Plaza

1901 Chouteau Avenue

St. Louis, MO 63102

United States

Founded in 2000

Phone:

314-621-3222

Fax:

314-621-2888

Key Executives for Ameren Energy Resources Company, LLC

Chairman
Age: 53
Compensation as of Fiscal Year 2014.

Ameren Energy Resources Company, LLC Key Developments

Ameren Energy Resources Company, LLC Reports Consolidated Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2013

Ameren Energy Resources Company, LLC reported consolidated unaudited earnings results for the third quarter and nine months ended September 30, 2013. For the quarter, the company reported operating revenues of $374 million against $378 million a year ago. Operating loss was $9 million against operating income of $56 million a year ago. Loss before income taxes was $28 million against income before income taxes of $31 million a year ago. Net loss was $17 million against net income of $18 million a year ago. Net loss attributable to Ameren Energy Resources Company, LLC was $17 million against net income attributable to Ameren Energy Resources Company, LLC of $20 million a year ago. For the nine months, the company reported operating revenues of $997 million against $1,041 million a year ago. Operating loss was $255 million against $527 million a year ago. Loss before income taxes was $317 million against $600 million a year ago. Net loss was $191 million against $359 million a year ago. Net loss attributable to Ameren Energy Resources Company, LLC was $191 million against $353 million a year ago. Net cash provided by operating activities was $61 million against $156 million a year ago. Capital expenditures was $43 million against $143 million a year ago.

Dynegy To Acquire Ameren's Coal Plants

Dynegy Inc. (NYSE:DYN) intends to acquire five coal plants in central and southern Illinois from Ameren Energy Resources Company, LLC. Ameren intends to divest itself of the aging plants, in part because of low natural gas prices that have lowered demand for coal power.

Ameren Seeks Buyer For Illinois Gas Units

Ameren Corporation is seeking buyer for its three Illinois gas units. These units include 478-MW Grant Tower combined-cycle unit, the 460-MW Elgin peaking unit, and the 220-MW Gibson City peaking unit. The sale is expected to complete by the end of 2013, if the sales price exceeds the $133 million or appraised value that had been established for the units, Illinois Power Holdings, LLC which recently agreed to acquire Ameren Energy Resources Company, LLC will receive that incremental money. The same would hold true even if the gas units' sale occurs within two years after the Ameren Energy Resources and Illinois Power Holdings deal closes.

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Recent Private Companies Transactions

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