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Ameren Missouri Plans Third In-State Wind Generation Facility
Wednesday 15 May 2019

15 May 2019 - St. Louis, US-based energy services provider Ameren Missouri has agreed to acquire a Missouri-based third wind generation facility developed by Tradewind Energy, the company said.
Terms of the transaction were not disclosed.
Ameren will acquire the facility following construction.
Ameren said the agreement is an important step in implementing Ameren Missouri's Integrated Resource Plan, a 20-year outlook that supports cleaner energy in the state.
When operational in 2020, the 300mw wind facility will power 90,000 homes, and is scheduled to join two other planned Ameren Missouri-owned wind generation facilities.
In the past eight months, Ameren Missouri has entered into commitments to acquire up to 857 megawatts of clean, renewable wind energy representing an investment of approximately USD 1.4bn.
Ameren Missouri, a subsidiary of Ameren Corp. (NYSE: AEE), has been providing electric and gas service for more than 100 years, and the company's electric rates are among the lowest in the nation.
Ameren Missouri's mission is to power the quality of life for its 1.2m electric and 127,000 natural gas customers in central and eastern Missouri.
The company's service area covers 64 counties and more than 500 communities, including the greater St. Louis area.
Tradewind Energy is an Enel Green Power company.
Details
Date Published: 15/05/2019
Target: Missouri-based third wind generation facility developed by Tradewind Energy
Country: USA
Sector: Alternative Energy
Type: Corporate acquisition
Financing:
Status: Agreed
Vendor:
Buyer: Ameren Missouri
Comment:
Terms of the deal were not disclosed

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