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Ameren Illinois Submits Blueprint For Infrastructure Improvement And Modernization

Stocks in this article: AEE

PEORIA, Ill., March 5, 2012 /PRNewswire/ -- Today, Ameren Illinois submitted a blueprint for its 10-year, $625-million infrastructure improvement and modernization initiative to the Illinois Commerce Commission

"Jobs creation is a key element of our Modernization Action Plan initiative," said Michael Moehn, Ameren Illinois senior vice president of Customer Operations. "Through these additional positions, we will provide Illinois residents with new career opportunities throughout downstate Illinois."

Ameren Illinois will create more than the required 450 additional jobs in 2015, the peak year of the 10-year initiative. Job creation is beginning this year and will increase until the peak year is reached.

"We are beginning a historic process that will enable Ameren Illinois to accelerate the process of modernizing its electric distribution system over the next 10 years in order to meet the service expectations of our customers in the 21st century," Moehn said.

"This initiative was made possible by the enactment of Illinois Energy Infrastructure Modernization Act last October coupled with the enactment of companion legislation in December. Both pieces of legislation enjoyed the strong support of many labor unions, business groups and environmental organizations," Moehn said.

"Customers will benefit through improved service reliability and a greater potential for energy savings. The law also is designed to provide greater regulatory certainty and financial stability for participating utilities."

In addition to jobs that will be created through the infrastructure modernization and improvement initiative, Ameren Illinois currently has openings for more than 200 full-time positions.

Individuals interested in a utility career are encouraged to visit the Ameren Illinois website ( AmerenIllinois.com) and select "Careers" to learn about openings and submit an application.

In today's submission, Ameren Illinois identified the estimated 10-year investment levels for the six program categories.

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