Tuesday, July 24, 2007

UPDATE 1-Ameren says Illinois rate relief to reduce earnings

(Reuters) - Ameren expects reductions in earnings of about 26 cents per
share in 2007, 11 cents per share in 2008, 7 cents per share in
2009 and 1 cent in 2010.




The Springfield, Illinois-base company said it will
contribute $150 million to the $1 billion statewide rate relief
package. Exelon Corp will contribute $800 million with
the remainder coming from other electric generating companies
in the state.


Read more at Reuters.com Market News

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