ST. LOUIS, Nov. 6, 2024 /PRNewswire/ -- Ameren Corporation (NYSE: AEE) today announced third quarter 2024 net income attributable to common shareholders in accordance with generally accepted accounting principles (GAAP) of $456 million, or $1.70 per diluted share, compared to third quarter 2023 net income of $493 million, or $1.87 per diluted share. Excluding certain charges discussed below, Ameren recorded third quarter 2024 adjusted (non-GAAP) net income attributable to common shareholders of $500 million, or $1.87 per diluted share.
Ameren Missouri receives approval to build vital dispatchable energy source and closes on three solar generation projects in 2024
ST. LOUIS, Oct. 31, 2024 /PRNewswire/ -- Ameren Missouri, a subsidiary of Ameren Corporation (NYSE: AEE), received approval Wednesday from the Missouri Public Service Commission to build an 800-megawatt (MW) simple-cycle natural gas energy center expected to be ready to serve as a reliable backup source of energy in 2027. The Castle Bluff Energy Center represents an investment of approximately $900 million.
ST. LOUIS, Oct. 11, 2024 /PRNewswire/ -- The board of directors of Ameren Corporation (NYSE: AEE) today declared a quarterly cash dividend on its common stock of 67 cents per share. This dividend is payable Dec. 31, 2024, to shareholders of record at the close of business on Dec. 11, 2024.
Separately, the board of directors of Union Electric Company, doing business as Ameren Missouri, declared regular quarterly cash dividends on all classes of Union Electric Company's preferred stock. These preferred stock dividends are payable Feb. 15, 2025, to shareholders of record at the close of business on Jan. 17, 2025.
ST. LOUIS, Oct. 10, 2024 /PRNewswire/ -- Martin J. Lyons Jr., chairman, president and CEO of Ameren Corp. (NYSE: AEE), and Michael L. Moehn, senior executive vice president and CFO of Ameren Corp., will discuss third quarter 2024 earnings, earnings guidance and other matters in a conference call with financial analysts at 9 a.m. Central Time (10 a.m. Eastern Time) on Thursday, Nov. 7.
ST. LOUIS, Sept. 30, 2024 /PRNewswire/ -- Union Electric Company, doing business as Ameren Missouri, a subsidiary of Ameren Corporation (NYSE: AEE), announced today the pricing of a public offering of $450 million aggregate principal amount of 5.125% first mortgage bonds due 2055 at 99.881% of their principal amount. The transaction is expected to close on Oct. 7, 2024, subject to the satisfaction of customary closing conditions.
Ameren earns a top score of 100 on the Disability Equality Index for its efforts to drive change in disability inclusion across business operations
ST. LOUIS, Sept. 20, 2024 /PRNewswire/ -- Ameren Corporation (NYSE: AEE) has once again received recognition as a "Best Place to Work for Disability Inclusion," earning a top score of 100 from the Disability Equality Index. The index serves as the world's most comprehensive benchmarking tool for Fortune 1000 companies to measure disability inclusion inside their organization and to assess performance across industry sectors.
ST. LOUIS, Aug. 9, 2024 /PRNewswire/ -- The board of directors of Ameren Corporation (NYSE: AEE) today declared a quarterly cash dividend on its common stock of 67 cents per share. This dividend is payable Sept. 30, 2024, to shareholders of record at the close of business on Sept. 11, 2024.
Separately, the board of directors of Union Electric Company, doing business as Ameren Missouri, declared regular quarterly cash dividends on all classes of Union Electric Company's preferred stock. These preferred stock dividends are payable Nov. 15, 2024, to shareholders of record at the close of business on Oct. 18, 2024.
ST. LOUIS, July 10, 2024 /PRNewswire/ -- Martin J. Lyons Jr., chairman, president and CEO of Ameren Corp. (NYSE: AEE), and Michael L. Moehn, senior executive vice president and CFO of Ameren Corp., will discuss second quarter 2024 earnings, earnings guidance and other matters in a conference call with financial analysts at 9 a.m. Central Time (10 a.m. Eastern Time) on Friday, Aug. 2.
Ameren Missouri files request with state regulators to adjust rates next summer
ST. LOUIS, July 1, 2024 /PRNewswire/ -- On June 28, Ameren Missouri filed with the Missouri Public Service Commission (PSC) a request to adjust its electric base rates next summer. The new rates would take effect in mid-2025 to recover the costs of major electric system upgrades as well as cleaner electricity generation investments to ensure the system remains reliable and resilient for customers.
"The grid and generation upgrades we are making as part of Ameren Missouri's Smart Energy Plan are improving customer reliability," said Mark Birk, chairman and president of Ameren Missouri, a subsidiary of Ameren Corporation (NYSE: AEE). "We've experienced several severe storms across our service territory over the last year and a half, and the system has performed well. Our storm hardening and smart technology efforts have saved nearly 91,000 customer outages and 36 million outage minutes from January 2023 through the end of May 2024."
Fair360 Honors Ameren, a member of its Hall of Fame
ST. LOUIS, June 18, 2024 /PRNewswire/ -- Ameren Corporation (NYSE: AEE) has been named as a top company for its diversity, equity and inclusion (DEI) efforts in three lists from Fair360 (formerly DiversityInc). In addition to being a Fair360 Hall of Fame member, Ameren has again ranked among the leaders for Employee Resource Groups, Philanthropy and Black Executives.
ST. LOUIS, June 17, 2024 /PRNewswire/ -- Ameren Illinois Company, a subsidiary of Ameren Corporation (NYSE: AEE), announced today the pricing of a public offering of $625 million aggregate principal amount of 5.55% first mortgage bonds due 2054 at 99.810% of their principal amount. The transaction is expected to close on June 27, 2024, subject to the satisfaction of customary closing conditions.
Ameren Illinois intends to use the net proceeds of the offering to repay a portion of its short-term debt.
Organizations across Missouri partner with the company to support development in our region
ST. LOUIS, June 12, 2024 /PRNewswire/ -- Ameren Missouri, a subsidiary of Ameren Corporation (NYSE: AEE), received approval today from the Missouri Public Service Commission to acquire a 150-megawatt (MW) solar facility that is currently under construction in Cass County, Illinois. The Cass County Renewable Energy Center will be used to double the size of the Renewable Solutions program.
"Demand remains very strong for programs that bring businesses ready-made solutions to help them reach their sustainability goals," said Mark Birk, chairman and president of Ameren Missouri. "Working collaboratively with participating organizations, we're able to innovate, support continued investment in the region, and help all our Missouri customers."
As energy demand and threats of extreme weather rise, strengthening the energy grid is more important than ever
ST. LOUIS, June 10, 2024 /PRNewswire/ -- Ameren Missouri, a subsidiary of Ameren Corporation (NYSE: AEE), has filed an application with the Missouri Public Service Commission to build an 800 megawatt simple-cycle natural gas energy center to serve as a reliable backup source of energy, ready to use when customers need it most. The Castle Bluff Energy Center is designed to bolster grid reliability and would be used to deliver energy on the hottest summer days, the coldest winter nights, and complement the increasing amount of renewable energy generation being added to the grid.
ST. LOUIS, May 10, 2024 /PRNewswire/ -- The board of directors of Ameren Corporation (NYSE: AEE) today declared a quarterly cash dividend on its common stock of 67 cents per share. This dividend is payable June 28, 2024, to shareholders of record at the close of business on June 12, 2024.
Separately, the board of directors of Union Electric Company, doing business as Ameren Missouri, declared regular quarterly cash dividends on all classes of Union Electric Company's preferred stock. These preferred stock dividends are payable Aug. 15, 2024, to shareholders of record at the close of business on July 19, 2024.
ST. LOUIS, May 9, 2024 /PRNewswire/ -- Today, Ameren Corporation (NYSE: AEE) published its 2024 Sustainability Report, highlighting updates on Ameren's performance related to its environmental, social, governance and sustainable growth commitments.
The report is available at AmerenInvestors.com under "Sustainability".
"I'm pleased with the progress Ameren has made over the past year as we pursue new ways to expand support for our customers and communities and accelerate renewable and on-demand energy generation so that we can continue providing safe and reliable energy in an environmentally responsible manner," said Marty Lyons, chairman, president and chief executive officer of Ameren.
ST. LOUIS, May 2, 2024 /PRNewswire/ -- Ameren Corporation (NYSE: AEE) today announced first quarter 2024 net income attributable to common shareholders of $261 million, or $0.98 cents per share, compared to first quarter 2023 GAAP net income of $264 million, or $1.00 per diluted share.
Customers and communities benefit from Ameren's commitment to proper tree maintenance
ST. LOUIS, April 24, 2024 /PRNewswire/ -- Ameren was named a 2024 Tree Line USA utility by the Arbor Day Foundation to recognize its dedication to proper urban forest management in the utility's service area.
Tree Line USA, a partnership between the Arbor Day Foundation and the National Association of State Foresters, recognizes public and private utilities for pursuing best practices that protect and cultivate America's urban tree canopy. In addition, Tree Line USA promotes delivering safe and reliable electricity while maintaining healthy community forests.
ST. LOUIS, April 10, 2024 /PRNewswire/ -- Martin J. Lyons Jr., chairman, president and CEO of Ameren Corp. (NYSE: AEE), and Michael L. Moehn, senior executive vice president and CFO of Ameren Corp., will discuss first quarter 2024 earnings, earnings guidance and other matters in a conference call with financial analysts at 9 a.m. Central Time (10 a.m. Eastern Time) on Friday, May 3. The call will be broadcast live over the internet on AmerenInvestors.com. Supporting materials for the call will be posted in the "Investor News and Events" section of this website under "Events and Presentations." A replay of the webcast will be available for one year beginning approximately one hour after the close of the call.
Project awarded based on sound design plans and lower cost
ST. LOUIS, April 3, 2024 /PRNewswire/ -- A subsidiary of St. Louis-based Ameren Corporation has been selected by the regional transmission operator, the Midcontinent Independent System Operator (MISO), to develop a $273 million transmission project across northern Missouri.
"We are proud to have won this vital project that will give Missourians a more resilient energy grid and boost reliability for millions of people," said Shawn Schukar, chairman and president of Ameren Transmission Company of Illinois (ATXI), a subsidiary of Ameren Corporation (NYSE: AEE). "We plan to continue our track record of delivering cost-effective, high-value projects while incorporating robust input from our neighbors and doing everything we can to be respectful to impacted landowners."
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