In 2007, the Ameren Community Development Corporation (AmerenCDC) completed its sixth and final economic development grant cycle, awarding $1,200,000 in funding for 14 new projects designed to stimulate community and economic development, create new jobs or retain existing jobs in AmerenUE’s 20,000-square-mile service area.
Missouri’s first utility-based economic development company to operate exclusively across AmerenUE’s retail electric service area, AmerenCDC was created as part of a 2002 electric rate case settlement approved by the Missouri Public Service Commission.
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During its existence, AmerenCDC awarded approximately $9.3 million to 71 projects, resulting in the creation of 2,050 new jobs and retention of 2,830 existing jobs for Missourians. These grants helped leverage nearly $248 million in new project investment in the state.
For more details, see the AmerenCDC Summary Report.
Lists of grant recipients are also available:
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