AmerenEnergy Generating Company Begins Construction of 468MW Energy Center in Illinois, in an Advisory by Industrialinfo.com.Business Editors HOUSTON--(BUSINESS WIRE)--Jan. 9, 2002 The following is an advisory by Industrialinfo.com (Industrial Information Resources (1) The data and information assets of an organization, department or unit. See data administration. (2) Another name for the Information Systems (IS) or Information Technology (IT) department. See IT. , Incorporated; Houston, Texas “Houston” redirects here. For other uses, see Houston (disambiguation). Houston (pronounced /'hjuːstən/) is the largest city in the state of Texas and the ). AmerenEnergy Generating Company (Saint Louis Saint Louis (l `ĭs), city (1990 pop. 396,685), independent and in no county, E Mo., on the Mississippi River below the mouth of the Missouri; inc. as a city 1822. St. , Mo.) is currently underway with the construction of a $160 million 468 mega-watt (MW) energy center to be located in Elgin, Illinois
Construction began in November of 2001 for The Elgin Energy Center, located on 1559 Gifford Road near the intersection of Gifford and Spaulding Roads in Cook County and completion is expected in the fall of 2002. Sargent & Lundy (Chicago, Ill.) was selected to provide engineering services and Fru-Con Construction Corporation (Ballwin, Mo.) was selected as the overall general contractor to construct the new power station. The facility will use four simple-cycle natural gas fired turbines, which will produce up to 468MW of peak load electricity. The turbines will have the capability to be operated with wet compression if needed for power augmentation following achievement of normal full load power output. Wet Compression entails introduction of water into the inlet air duct and evaporation of the water in the compressor. Ameren Corporation (NYSE NYSE See: New York Stock Exchange : AEE AEE Adult Entertainment Expo AEE Association of Energy Engineers AEE Association for Experiential Education AEE Arbeitsgemeinschaft Erneuerbare Energie AEE Autoridad de Energía Eléctrica (Puerto Rico Electric Power Authority) ) provides electric and gas services to customers in Missouri and Illinois through its subsidiaries, AmerenCIPS, AmerenUE, and AmerenEnergy Generating Company. Ameren has $9 billion in assets, almost $6 billion in market capitalization Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. and $3.5 billion in total revenues. Ameren companies' net generating capacity is nearly 12,000MW with a total of 14 base-load and hydroelectric plants, currently employing over 7,300 people. Industrialinfo.com provides daily news related to the industrial market place including industry alerts and databases for the energy and industrial markets. For more information on trends and upcoming construction activities in the Power and Energy markets as well as other industrial sectors send inquiries to powergroup@industrialinfo.com or visit us at www.industrialinfo.com or www.iirenergy.com. |
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