Elliott Investment Management L.P. ("Elliott"), which manages funds that have an investment in Duke Energy Corporation ("Duke" or the "Company") that make it a top 10 investor in the Company, today sent a letter to Duke's Board outlining a plan to create $12 to $15 billion of line-of-sight near-term value for shareholders. Elliott explained that this value upside is based on observable publicly traded market valuation metrics of Duke's closest peers and does not incorporate meaningfully higher valuations realized in recent transactions in Florida and Indiana, which would result in several billion dollars of incremental value.
Ameren Missouri customers benefit from cleaner energy and more reliable service with newly updated Smart Energy Plan
Plan boosts investments while accelerating customer benefits
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ST. LOUIS, Feb. 19, 2021 /PRNewswire/ Ameren Missouri, a subsidiary of Ameren Corporation (NYSE: AEE), filed an updated Smart Energy Plan and budget with the Missouri Public Service Commission today. The $8.4 billion plan supports grid modernization efforts over the next five years, including installation of more than one million smart meters, more renewable generation, programs to stimulate economic growth for communities across Missouri and infrastructure upgrades that bolster reliability while enabling clean energy generation.
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