January 19, 2017 3:35 PM ET

Independent Power and Renewable Electricity Producers

Company Overview of Illinois Power Generating Company

Company Overview

Illinois Power Generating Company owns and operates merchant electric generation facilities in Illinois. The company primarily operates three coal-fired power generation facilities located in Illinois with a total generating capacity of 3,168 MW. It also owns and operates transmission facilities in southern Illinois and northern Kentucky. The company was formerly known as Ameren Energy Generating Company and changed its name to Illinois Power Generating Company in December 2013. The company was incorporated in 2000 and is headquartered in Houston, Texas. Illinois Power Generating Company is a subsidiary of Illinois Power Resources, LLC.On December 9, 2016, Illinois Power Generating Company f...

601 Travis

Suite 1400

Houston, TX 77002

United States

Founded in 2000

387 Employees



Key Executives for Illinois Power Generating Company

Chief Executive Officer and President
Age: 58
Chief Financial Officer and Executive Vice President
Age: 48
Chief Accounting Officer and Vice President
Compensation as of Fiscal Year 2016.

Illinois Power Generating Company Key Developments

Pre-packaged Reorganization Plan and Disclosure Statement Filed by Illinois Power Generating Company

Illinois Power Generating Company filed a pre-packaged plan of reorganization with related disclosure statement in the US Bankruptcy Court on December 9, 2016. As per the plan filed, Administrative Claims, Statutory Fees, Priority Tax Claims, Other Priority Claims and Professional fee claims shall be paid in full in cash. Secured Claims, General Unsecured Claims and Intercompany Claims shall be paid in full in cash. Noteholder Claims of Genco of $825 million shall receive a recovery of approximately 39% in the form of $100.69 million in cash, $210 million in New Dynegy Notes and $10 million in New Dynegy Warrants. All the Equity Interests shall be reinstated on the effective date. The plans shall be funded from debtor’s cash in hand, issuance of New Dynegy Notes and New Dynegy warrants.

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Recent Private Companies Transactions

December 9, 2016

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