Ameren Corp. said Monday it created a new subsidiary dedicated to electric transmission infrastructure investment and identified $3 billion in potential projects.
The new company, Ameren Transmission Co. (ATX), will build high-voltage power lines initially within Illinois and Missouri, with the potential for expanding to other areas in the future. The company has identified more than $3 billion of transmission investment opportunities that could be completed in the two states over the next 10 to 15 years.