Illinois Power/Ameren/Dynegy
In 2004, Dynegy sold Illinois Power to Ameren Corp. for $2.3 billion.
Illinois Power, now a primary business unit of Ameren Corp., is
an energy provider with annual revenues of about $2.4 billion. It
serves over 650,000 natural gas and electricity customers and covers
a service territory encompassing much of downstate Illinois. Illinois
Power no longer generates its own energy, but resells power that
it purchases from others. Illinois Power contributes through a political
action committee called the Illinois Power Employee Political Involvement
Committee. Dynegy continues to operate power generation plants in
Illinois and it retains control over Dyn-PAC. In late 2005, Illinois
Power sought approval from the Illinois Commerce Commission to buy
power through auction.
Illinois Power is a career patron of Senate Republican Leader Frank
Watson.
From 1993 through December 31, 2005, Dynegy, Inc. and Illinois
Power gave $1.795 million to candidates for Illinois statewide constitutional
and legislative office, 59% of which was contributed to Republicans.
Last revised March 2006
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