Proposal with Missouri Electric Commission
wins job for sound design and lower cost
ST.
LOUIS, Oct. 30, 2023 /PRNewswire/ -- A subsidiary
of St. Louis-based Ameren
Corporation, in partnership with the Missouri Electric Commission,
has been selected by the regional grid operator, the Midcontinent
Independent System Operator (MISO), to lead the development of an
$84 million transmission project in
northwest Missouri.
"This project will bolster grid resiliency and energy
reliability for Missourians," said Shawn Schukar, president of Ameren
Transmission Company of Illinois
(ATXI), a subsidiary of Ameren Corporation (NYSE: AEE). "We are
proud to have won this project as a result of a collaborative
effort with many community partners who have the best interests of
our state in mind. We are committed to working with these partners,
who are also our neighbors, to build transmission lines affordably
with robust input from local communities."
The 42-mile transmission line will originate from a new 345-kV
substation ATXI will construct in northwest Missouri, and span to the Missouri/Iowa
border, opening new pathways for energy transmission to the region.
The project is part of a $10 billion
portfolio of projects included in Tranche 1 of MISO's Long Range
Transmission Plan (LRTP).
MISO noted ATXI's sound route design and cost containment plan
as key factors in the winning bid.
"Ameren has been doing business in our state for more than 100
years, and having this project led by a Missouri-based utility with strong,
long-standing local partners will ensure the job is done
cost-effectively and collaboratively," Schukar said. "When
Missouri companies build these large infrastructure projects, the
dollars invested stay in our state, maintaining local jobs and
boosting local suppliers and our communities."
The project is expected to be in service by 2030.
About Ameren Corporation
St. Louis-based Ameren Corporation
powers the quality of life for 2.4 million electric customers and
more than 900,000 natural gas customers in a 64,000-square-mile
area through its Ameren Missouri and Ameren Illinois rate-regulated
utility subsidiaries. Ameren Illinois provides electric
transmission and distribution service and natural gas distribution
service. Ameren Missouri provides electric generation,
transmission, and distribution service, as well as natural gas
distribution service. Ameren Transmission Company of Illinois develops, owns and operates
rate-regulated regional electric transmission projects. For more
information, visit Ameren.com, or follow us on Twitter at
@AmerenCorp, Facebook.com/AmerenCorp, or
LinkedIn.com/company/Ameren.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/ameren-subsidiary-selected-to-develop-important-grid-reliability-project-in-northwest-missouri-301970911.html
SOURCE Ameren Corporation