$AEE

Missouri state Rep. Brad Christ is urging regulators to reject Ameren Missouri's proposed $343M electric rate hike, citing concerns that residential customers may subsidize data centers. The increase could add $156 annually to average bills. Ameren seeks the hike to meet growing demand, including from new large-load customers. Christ wants costs for accelerated power generation assigned directly to these users. The Public Service Commission is reviewing the request.

Ameren (AEE) priced a $900 million notes offering due 2057, signaling long-term financing. Its stock has seen a 5.3% YTD gain and 10.1% one-year return. Analysts debate its valuation, with one narrative suggesting it's 11.4% undervalued at $119.87, while a DCF model estimates $95.28, indicating a premium. Growth depends on grid modernization and regulatory approvals.

Ameren Corporation (NYSE: AEE) priced a $900 million offering of junior subordinated notes due 2057. The notes bear interest at 6.450% until 2032, then reset based on the Five-Year Treasury Rate plus 1.868%. Proceeds will be used for general corporate purposes, including debt repayment. The offering is expected to close on September 18, 2026.

Ameren Illinois, a subsidiary of Ameren Corporation, closed a $400 million bond offering with a 5.50% coupon due in 2036. The company received $397.4 million in proceeds, which will support capital expenditures and corporate purposes. The bonds are secured by a first mortgage lien on the company's properties.

Ameren Missouri proposes a battery storage facility, the Millcreek Energy Center, to improve grid reliability. The project, pending approval, could start serving customers in 2028. The facility aims to enhance power availability during high demand and extreme weather, with safety features to protect the community and environment. Ameren emphasizes transparency and community engagement.

Morgan Stanley lowered its price target for Ameren to $114 from $118, maintaining an Equalweight rating. The company's stock is currently trading at $108.79, with a 5-day change of -0.45% and a year-to-date change of +8.94%.

Martin Ryan J (SVP Finance) sold 971 shares of AMEREN CORP (AEE) at an average of $109.88 ($109.87–$109.88, $0.11M total) across 2 trades over 2026-08-18 to 2026-08-20.

Ameren Illinois is offering first mortgage bonds due in 2036, according to Reuters. The offering size was not disclosed in the report. The debt sale may affect Ameren Illinois’ financing plans and investor exposure to its credit and interest-rate risk.

Ameren Corporation (NYSE: AEE) directors declared a quarterly cash dividend of $0.75 per common share, payable Sept. 30, 2026 to holders of record as of Sept. 8, 2026. The boards of Ameren Missouri and Ameren Illinois also declared regular quarterly cash dividends on their preferred stock, with specified payable and record dates.

The Cape Girardeau County Board of Equalization upheld the assessor’s assessed value for Ameren’s natural gas pipeline property in disputes ongoing since 2013. Ameren argues the pipes are real property and seeks original cost minus depreciation. The board heard 2026 appeals for six commercial parcels. About $7 million is in escrow, with $1.41 million interest held.