Ameren Illinois restructures to begin implementing grid modernization action plan

Source: Ameren Illinois

Ameren Illinois (NYSE: AEE) is focusing on 2012 and beyond as it begins to fulfill its promise with the enactment of the Energy Infrastructure Modernization Act, formerly known as Senate Bill (SB) 1652. To lead this effort, Ameren Illinois has named Michael L. Moehn , senior vice president of Customer Operations. 

The Energy Infrastructure Modernization Act is a statewide commitment with a formula ratemaking approach that will create more than 2,400 jobs and require approximately $3 billion of investment over the next 10 years to modernize the state's electric system including the installation of smart grid. 

"The enactment of this law is good for customers because it will improve the quality of their service, reduce outage frequency and length, and it will introduce them to new technologies, which could save them money on their bills," said Scott A. Cisel , president and CEO, Ameren Illinois. "This enactment is also a nice shot in the arm for the state's economy with the creation of 2,400-plus jobs." 

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Ameren Illinois is referring to implementing the new law as its Modernization Action Plan (MAP). The MAP will ensure a more secure and reliable delivery system, benefitting customers, co-workers, investors and the environment. MAP will serve as the blueprint that will guide Ameren Illinois through its 10-year infrastructure modernization. 

Moehn will assume his new role on January 1, 2012 . He will report to Cisel. 

"Michael will have responsibility for all electric and gas operations, technical services and customer operations in Illinois and his team will be leading the operations and customer service implementation of MAP," Cisel said. "Michael has led Ameren's strategic planning efforts and has overseen the creation of our risk management structure. He brings strong project management and financial skills to Ameren Illinois' strong performing operations and customer service teams." 

Moehn previously was senior vice president of Corporate Planning and Business Risk Management since 2008. His responsibilities included corporate modeling, corporate project risk management, corporate strategic planning, pricing and analysis, merger and acquisition transactions and resource planning. Prior to assuming this position, he served as vice president of Corporate Planning since 2004. 

Moehn holds a bachelor of arts degree in accounting from Saint Louis University , a master's degree in business administration from Washington University , and a certificate in nuclear reactor technology from the Massachusetts Institute of Technology . Moehn is also a 2008 Eisenhower Fellow. He is a certified public accountant and a member of the American Institute of Certified Public Accountants.



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