Category: Tech

RELEASE: ATXI breaks ground on the Mark Twain Transmission Project

ST. LOUIS /PRNewswire/ — Ameren Transmission Company of Illinois (ATXI) – a wholly owned subsidiary of Ameren Corporation (NYSE: AEE) – has begun construction of the Mark Twain Transmission Project, a 96-mile, 345,000-volt transmission line and substation to be built in northeast Missouri that will bolster energy reliability for the region. Last week ATXI broke ground on the site of the Zachary Substation adjacent to the existing Adair Substation in Adair County, Missouri. The new substation […]

RELEASE: Ameren Missouri planning largest wind farm in the state

ST. LOUIS /PRNewswire/ — Today Ameren Missouri, a subsidiary of Ameren Corporation (NYSE: AEE), announced that it has entered into an agreement to acquire, after construction, a 400-megawatt wind farm in northeast Missouri, the largest ever in the state. “We are excited to take this transformative step to bring more renewable generation to our customers,” said Michael Moehn, president of Ameren Missouri. “Adding more wind energy will help us achieve our goal to reduce carbon […]

RELEASE: Ameren Illinois announces commitment to put 300,000 smart thermostats in customer homes and businesses

EAST ST. LOUIS, Ill. /PRNewswire/ — Building on its commitment to help customers become more energy efficient, Ameren Illinois announced an initiative to put 300,000 smart thermostats in customer homes and businesses. Ameren Illinois Chairman and President Richard J. Mark was joined by Illinois Commerce Commission (ICC) Chairman Brien Sheahan, as well as representatives from the Environmental Law & Policy Center (ELPC) and leading manufacturers ecobee and Nest in announcing the plan Wednesday afternoon in […]

RELEASE: Coalition of Illinois utilities opens doors for diverse suppliers in 2017

IUBDC members buy $1.25 billion in goods, services from minority-, women- and veteran-owned businesses Charter members of the Illinois Utilities Business Diversity Council (IUBDC) spent a combined total of more than $1.25 billion on goods and services provided by minority-, women-, and veteran-owned businesses in 2017, a 7.8% increase over the prior year.  IUBDC was formed in 2015 to increase business opportunities for diverse suppliers through closer collaboration, technical development and sharing of best practices […]

RELEASE: Ameren announces first quarter 2018 results

ST. LOUIS /PRNewswire/ — Ameren Corporation (NYSE: AEE) today announced first quarter 2018 net income attributable to common shareholders of $151 million, or $0.62 per share, compared to first quarter 2017 net income attributable to common shareholders of $102 million, or $0.42 per share. The increase in year-over-year first quarter earnings reflected higher Ameren Missouri electric service rates, effective April 1, 2017, and higher Ameren Missouri electric retail sales, primarily due to colder winter temperatures […]

RELEASE: Spire Prices Public Offering of Common Stock

ST. LOUIS, May 7, 2018 /PRNewswire/ — Spire Inc. (NYSE: SR) announced today that it has priced a public offering of 2,000,000 shares of its common stock at $68.75 per share. Spire has also granted the underwriters a 30-day option to purchase up to 300,000 additional shares of common stock. Gross proceeds from the offering are expected to be $137.5 million or $158.1 million if the option to purchase additional shares is exercised in full. The offering is expected to close on May 10, 2018, […]

RELEASE: Spire announces public offering of 2,000,000 shares of common stock

ST. LOUIS /PRNewswire/ — Spire Inc. (NYSE: SR) announced today that it has commenced an underwritten public offering of 2,000,000 shares of its common stock pursuant to an effective registration statement previously filed with the Securities and Exchange Commission. Spire has also granted the underwriters a 30-day option to purchase up to 300,000 additional shares of common stock. The offering is intended to support investments in ongoing infrastructure upgrades, as well as the Spire STL Pipeline […]

RELEASE: Ameren receives top diversity ranking from DiversityInc for fourth consecutive year

ST. LOUIS /PRNewswire/ — For the fourth consecutive year, DiversityInc® ranked Ameren Corporation first in the United States on its 2018 listing of the nation’s Top 5 Utilities. In addition, Ameren was ranked first on DiversityInc’s Top 10 Regional Companies list, recognizing a regional focus in the company’s employee base, increased workforce and management diversity as well as strong supplier diversity. Since 2010, Ameren has been recognized among DiversityInc’s top utilities for creating an inclusive […]

Spanish engineering firm chooses Missouri for U.S. headquarters

Hexa Ingenieros, a Spanish engineering services company focused on designing and implementing automation process control and industrial computing services, is entering the U.S. marketplace right here in St. Louis. The company announced Wednesday it will operate as Hexa Engineers in the Cambridge Innovation Center (CIC) in St. Louis, and will create 20 new programming and engineering jobs, with hiring beginning in Summer 2018. “Missouri is fighting for jobs nationally and internationally,” said Missouri Governor Eric Greitens. “We’re glad to include Hexa Engineers on the list of impressive companies who […]

Membership group for women entrepreneurs founded in St. Louis expanding to six more cities

A St. Louis-based company that assists female-driven startups is expanding to six new cities. Brazen Global, a membership organization for women entrepreneurs, announced Tuesday it’s adding new branches in Chicago, Dallas, Denver, Detroit, Fort Worth and Philadelphia. Founded in 2014, Brazen is expanding to unlock the potential in “growth-seeking” women business owners, a powerful segment underserved by an existing entrepreneurship support and venture capital industry limited by its singular attention to “high growth”, according to […]