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Dynegy subsidiary Illinois Power Holdings (IPH) has completed its acquisition of Ameren subsidiary New Ameren Energy Resources (AER). The transaction includes AER and its subsidiaries Ameren Energy Generating Company (Genco), New AERG (AERG), and Ameren Energy Marketing Company (AEM).
[Image omitted] - (http://www.fierceenergy.com/story/iph-completes-ameren-acquisition/2013-12-04)
Joppa. Credit: Snipehunt/Wikimedia Commons
Dynegy now owns more than 8,000 MW of generating capacity in Illinois and nearly 14,000 MW nationally, including the Duck Creek, Coffeen, E.D. Edwards, Newton, and Joppa coal plants.
"This transaction creates value for Dynegy and IPH's stakeholders...," said Dynegy President and Chief...