Ameren Announces First Quarter 2021 Results
- First Quarter Diluted Earnings Per Share were $0.91 in 2021 vs. $0.59 in 2020
- Guidance Range for 2021 Affirmed at $3.65 to $3.85 per Diluted Share
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ST. LOUIS, May 10, 2021 /PRNewswire/ Ameren Corporation (NYSE: AEE) today announced first quarter 2021 net income attributable to common shareholders of $233 million, or $0.91 per diluted share, compared to first quarter 2020 net income attributable to common shareholders of $146 million, or $0.59 per diluted share.
First quarter 2021 results reflected earnings on increased infrastructure investments made across all business segments driven by solid execution of the company s strategy. Earnings were positively impacted by new Ameren Missouri electric service rates effective April 1, 2020, and higher Ameren Missouri electric retail sales driven by near-normal winter temperatures in the first quarter of 2021 compared to milder-tha
New sustainability reports demonstrate Ameren s commitment to a cleaner energy future
Reports highlight sustainability performance and climate strategy
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ST. LOUIS, May 6, 2021 /PRNewswire/ Today Ameren Corporation (NYSE: AEE) announced the publication of five data-driven reports showing the company s commitment to a cleaner, sustainable energy future, including its plans to achieve net-zero carbon emissions by 2050. The reports, utilizing the frameworks most sought after by investors and other stakeholders, quantify and provide further insight into Ameren s approach to important environmental, social and governance (ESG) issues. We ve made significant progress in the last year on our transformational changes toward clean energy, helping customers control their energy use, increasing adoption of electric vehicles and taking impactful steps to make our communities better and more inclusive, said
(Credit: Global Market Insights)
The production of power transformer equipment has gathered robust pace in recent years. The incessant demand for reliable power supply is a known factor worldwide, driving consistent investments in upgrading grid infrastructure.
According to estimates from the International Energy Agency (IEA), the gross electricity consumption across the globe is set to register an annual rise of nearly 2%, growing from 25,679 billion kWh to 40,443 billion kWh until 2040. Renewable energy generation can be expected to form a notable part of this growth.
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