Founded 1902Collinsville, IllinoisSubsidiary of Ameren Corporation
Ameren Illinois Company provides the rate-regulated electric generation, transmission, and distribution business in Illinois. It also engages in the natural gas distribution business.
Ameren Illinois Company was formerly known as Central Illinois Public Service Company and changed its name to Ameren Illinois Company in October 2010. Founded in 1902, the company is headquartered in Collinsville, Illinois. Ameren Illinois Company operates as a subsidiary of Ameren Corporation.
Ameren Illinois Company is a regulated utility that provides electric generation, transmission, and distribution services, as well as natural gas distribution, to customers in Illinois. The company operates under rate regulation, meaning its prices and profits are overseen by state authorities. It serves residential, commercial, and industrial customers across its service territory. The company was originally founded in 1902 as Central Illinois Public Service Company and changed its name to Ameren Illinois Company in 2010. It is a wholly owned subsidiary of Ameren Corporation, a larger holding company. Its core business involves delivering reliable electricity and natural gas to homes and businesses, maintaining infrastructure like power lines and pipelines, and ensuring compliance with regulatory standards.
Where is Ameren Illinois Company (AILIM) listed and in which currency?
Ameren Illinois Company is listed on the OTC Markets under the ticker symbol AILIM, specifically on the OTCPK (OTC Pink) tier. The stock trades in US Dollars (USD). OTC Markets is an over-the-counter exchange where stocks that do not meet the listing requirements of major exchanges like the NYSE or NASDAQ are traded. Investors can buy and sell shares of AILIM through brokerages that support OTC trading. The company's primary listing is on this platform, and its financial reporting is in USD, reflecting its operations in the United States.
What sector and industry does Ameren Illinois Company (AILIM) belong to?
Ameren Illinois Company operates in the Utilities sector, specifically within the Utilities - Regulated Electric industry. This means the company is involved in the generation, transmission, and distribution of electricity under government regulation. As a regulated electric utility, its rates and service terms are approved by state public utility commissions, which helps provide stable revenue but limits profit margins. The company also engages in natural gas distribution, which falls under the broader regulated utilities category. Its industry classification reflects a focus on essential services with predictable demand, subject to oversight by regulatory bodies in Illinois.
Where is Ameren Illinois Company (AILIM) headquartered and what markets does it serve?
Ameren Illinois Company is headquartered in Collinsville, Illinois, United States. It serves customers primarily within the state of Illinois, providing electric and natural gas services to residential, commercial, and industrial users. The company's service territory covers a significant portion of Illinois, including both urban and rural areas. As a subsidiary of Ameren Corporation, it focuses exclusively on the Illinois market, while other Ameren subsidiaries serve Missouri. The company's operations are concentrated in the Midwest region of the United States, and it plays a key role in the energy infrastructure of Illinois.
What is the business model of Ameren Illinois Company (AILIM) and how does it make money?
Ameren Illinois Company makes money by providing regulated electric and natural gas services to customers in Illinois. Its revenue comes from rates approved by state regulators, which are designed to cover operating costs and provide a reasonable return on invested capital. The company earns profits through the transmission and distribution of electricity, as well as natural gas delivery. It does not generate electricity from unregulated sources; instead, it focuses on the regulated segments of the energy value chain. The business model relies on a large customer base, infrastructure investments, and regulatory approvals to ensure stable cash flows. As a subsidiary of Ameren Corporation, its financial performance contributes to the parent company's overall results.