Ameren To Pay $180M For Missouri Reservoir Breach

Law360 (November 28, 2007, 12:00 AM EST) -- Ameren Corp. has agreed to shell out $180 million in cash and property to resolve a lawsuit by the state of Missouri over damages caused by the 2005 collapse of the Taum Sauk reservoir.

The St. Louis-based utility said Wednesday that the settlement wraps up talks between it and three state agencies, and resolves the suit brought by Attorney General Jay Nixon in the Reynolds County Circuit Court.

The water storage reservoir was situated on a mountaintop next to Ameren’s Taum Sauk hydroelectric plant in Reynolds...
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