AI Prospecting for Ameren

Ameren announced its third-quarter 2024 results, with GAAP net income of $456 million, or $1.70 per diluted share, down from $493 million in Q3 2023. Adjusted earnings were $500 million, or $1.87 per diluted share. Earnings were impacted by higher interest expenses, lower electric retail sales at Ameren Missouri, and a lower return on equity at Ameren Illinois[2]. Ameren Missouri also secured approval for a $1.8 billion dual investment in a new 800-MW natural gas facility and three solar centers, totaling 500 MW, to enhance grid reliability and support renewable energy goals[3].

Ameren Missouri received approval to build an 800-megawatt simple-cycle natural gas energy center, the Castle Bluff Energy Center, expected to be ready by 2027, and closed on three solar generation projects in 2024, totaling 400 megawatts, to enhance grid reliability and support renewable energy goals[5].

Ameren Missouri received approval to build or acquire approximately 400 megawatts (MW) of solar energy, including the Vandalia Renewable Energy Center, Split Rail Solar, and Bowling Green Renewable Energy Center, with the first project set to go into service in 2025 and the others in 2026[2].