Ameren Missouri acquired the Cass County, Boomtown, and Huck Finn solar projects in June 2024, September 2024, and October 2024, respectively, for approximately $0.9 billion. These acquisitions support Ameren Missouri's renewable energy transition.

In October 2024, the MoPSC approved a CCN for the Castle Bluff Natural Gas Project, enabling Ameren Missouri to proceed with the 800-MW project. The order also includes the use of a post-construction cost deferral related to the Castle Bluff Natural Gas Project.

ATXI filed a request for a CCN with the MoPSC related to a portion of the MISO long-range transmission projects that it expects to construct within the MoPSC's jurisdiction. A decision by the MoPSC is expected by mid-2025.

Ameren Missouri retired the Rush Island Energy Center on October 15, 2024, as part of a settlement agreement with the United States Department of Justice. This action aligns with the company's long-term strategy.

Ameren Illinois has taken prudent steps to align its 2024 operations with the ICC orders, while continuing to ensure safe and adequate service is maintained. This includes reductions to Ameren Illinois' capital expenditure and operations and maintenance expense plans.

The MoPSC issued a financing order authorizing the issuance of securitized utility tariff bonds to finance approximately $470 million of costs related to the planned accelerated retirement of the Rush Island Energy Center. The financing order also includes a determination that the decision to retire the Rush Island Energy Center was reasonable and prudent.

The 10-Q highlights that regulatory, judicial, or legislative actions, and any changes in regulatory policies and ratemaking determinations, may change regulatory recovery mechanisms.

The inability of counterparties to meet their obligations with respect to contracts, credit agreements, and financial instruments, including as they relate to the construction and acquisition of electric and natural gas utility infrastructure and the ability of counterparties to complete projects, which is dependent upon the availability of necessary materials and equipment, including those obligations that are affected by supply chain disruptions.

The impact of cyberattacks and data security risks on us, our suppliers, or other entities on the grid, which could, among other things, result in the loss of operational control of energy centers and electric and natural gas transmission and distribution systems and/or the loss of data, such as customer, employee, financial, and operating system information.

Advancements in energy technologies, including carbon capture, utilization, and sequestration, hydrogen fuel for electric production and energy storage, next generation nuclear, and large-scale long-cycle battery energy storage, and the impact of federal and state energy and economic policies with respect to those technologies.

The effects on energy prices and demand for our services resulting from customer growth patterns or usage, technological advances, including advances in customer energy efficiency, electric vehicles, electrification of various industries, energy storage, and private generation sources, which generate electricity at the site of consumption and are becoming more cost-competitive.

Disruptions in the delivery of fuel, failure of our fuel suppliers to provide adequate quantities or quality of fuel, or lack of adequate inventories of fuel, including nuclear fuel assemblies primarily from the one NRC-licensed supplier of assemblies for Ameren Missouri's Callaway Energy Center.

Our ability to control costs and make substantial investments in our businesses, including our ability to recover costs and investments, and to earn our allowed ROEs, within frameworks established by our regulators, while maintaining affordability of services for our customers.

The effectiveness of our risk management strategies and our use of financial and derivative instruments.

The impact of weather conditions and other natural conditions on us and our customers, including the impact of system outages and the level of wind and solar resources.

Advancements in energy technologies, including carbon capture, utilization, and sequestration, hydrogen fuel for electric production and energy storage, next generation nuclear, and large-scale long-cycle battery energy storage, and the impact of federal and state energy and economic policies with respect to those technologies.

The impact of cyberattacks and data security risks on us, our suppliers, or other entities on the grid, which could, among other things, result in the loss of operational control of energy centers and electric and natural gas transmission and distribution systems and/or the loss of data, such as customer, employee, financial, and operating system information.

The ability to maintain system reliability during the transition to clean energy generation by Ameren Missouri and the electric utility industry, as well as Ameren Missouri's ability to meet generation capacity obligations.

Capital expenditures for the nine months ended September 30, 2024, totaled $3,029 million. This reflects continued investment in infrastructure and renewable energy projects.

Issuances of long-term debt for the nine months ended September 30, 2024, totaled $1,610 million.

Issuances of common stock for the nine months ended September 30, 2024, totaled $30 million.

Ameren is continuing to target net-zero carbon emissions by 2045, as well as a 60% reduction by 2030 and an 85% reduction by 2040 based on 2005 levels.

Environmental regulations have a significant impact on the electric utility industry and compliance with these regulations could be costly for Ameren Missouri, which operates coal-fired power plants.

The company is committed to diversity, equity, and inclusion.

Business, economic, and capital market conditions, including the impact of such conditions on interest rates, inflation, and investments.

The impact of inflation or a recession on our customers and the related impact on our results of operations, financial position, and liquidity.

The impact of current environmental laws or their interpretation and new, more stringent, or changing requirements, including those related to NSR, CO2, NOx, and other emissions and discharges, Illinois emission standards, cooling water intake structures, CCR, energy efficiency, and wildlife protection, that could limit or terminate the operation of certain of Ameren Missouri's energy centers, increase our operating costs or investment requirements, result in an impairment of our assets, cause us to sell our assets, reduce our customers' demand for electricity or natural gas, or otherwise have a negative financial effect.