Ameren Corporation AEE announced today the Federal Energy Regulatory Commission has approved rate treatments filed on behalf of Ameren's newly formed transmission company, Ameren Transmission Company, and Ameren's utility operating companies—Ameren Illinois and Ameren Missouri.
The FERC granted the Ameren companies pre-approval of certain rate treatments for a significant portion of their proposed initial portfolio of transmission projects, the Grand Rivers Phase 1 projects. The included projects are specifically the Illinois Rivers and the Big Muddy River Projects. This collection of high voltage transmission projects in Missouri and Illinois represents a combined investment opportunity of over $1 billion.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in