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4-Traders Homepage  >  Equities  >  Nyse  >  Ameren Corp    AEE

AMEREN CORP (AEE)
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Ameren : Illinois Awards First-Ever Energy Efficiency Scholarships

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10/18/2017 | 07:01pm CEST

Partnership with JALC aimed at educating and developing diverse suppliers in energy efficiency-related fields

Delivering on its commitment to develop more diverse companies and individuals working in energy efficiency, on Tuesday, Ameren Illinois announced the recipients of the inaugural Ameren Illinois Energy Efficiency Scholarship.

The scholarship was established at John A. Logan College in Carterville, Illinois in September to educate and train students for energy-related occupations. It is anticipated that the program will also aid in the development of diverse supplier companies capable of providing energy efficiency services to customers in the Ameren Illinois territory.

'We are pleased to partner with a top-tier community college like John A. Logan to be able to offer this unique opportunity to its students. It is our hope that by making the cost of an education more affordable, we are opening the door for even more students to pursue a career in fields related to energy efficiency,' said Richard Mark, Chairman and President, Ameren Illinois.

'The John A. Logan College Foundation is so grateful to Ameren for providing this tremendous opportunity for our students. We look forward to working together with Ameren to continue this scholarship for years to come,' said Staci Shafer, Executive Director, John A. Logan College Foundation.

The 2017 Ameren Illinois Energy Efficiency Scholarship award recipients are:

Name

Hometown

Billy Williams

Murphysboro, IL

Jennifer Ashleman

Marion, IL

Frank Mannie

Herrin, IL

Students were selected based on the following criteria:

  • Enrolled in the HVAC or Construction Management degree programs at John A. Logan College;

  • Successful completion of the first semester in the HVAC or Construction Management degree program; and

  • A minority in his or her chosen career field.

  • The recipient must be recommended by an instructor.

Each student will receive a $3,000 stipend that can be used during the academic year for tuition, fees, books, and supplies. A total of three scholarships can be awarded each academic year.

Through JALC's Construction Management degree program, students gain real-world experience in efficient home construction. Students participate in classroom and lab work, in addition to receiving hands-on experience constructing a home for a family in need through a partnership with the Habitat for Humanity. Through the partnership with Habitat for Humanity, students support construction by building the frame at a lab on campus and installing energy efficient heating and air conditioning units and other components. By the end of the program, students typically have participated in the construction of three or four homes.

About Ameren Illinois

Ameren Illinois delivers energy to 1.2 million electric and 816,000 natural gas customers in Illinois. Our mission is to power the quality of life. Our service territory covers more than 1,200 communities and 43,700 square miles. For more information, visit AmerenIllinois.com, find us on Twitter @AmerenIllinois or Facebook.

###

Ameren Corporation published this content on 18 October 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 18 October 2017 17:00:03 UTC.

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Financials ($)
Sales 2017 6 303 M
EBIT 2017 1 452 M
Net income 2017 682 M
Debt 2017 8 694 M
Yield 2017 2,92%
P/E ratio 2017 21,99
P/E ratio 2018 20,55
EV / Sales 2017 3,75x
EV / Sales 2018 3,76x
Capitalization 14 937 M
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Warner L. Baxter Chairman, President & Chief Executive Officer
Martin J. Lyons Chief Financial Officer & Executive Vice President
James Clarence Johnson Independent Director
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Walter J. Galvin Lead Independent Director
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