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Ameren Corp (AEE) Q1 2021 Earnings Call Transcript


Ameren Corp (AEE) Q1 2021 Earnings Call Transcript
Motley Fool Transcribers
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Ameren Corp (NYSE: AEE)
Operator
Greetings and welcome to Ameren Corporation s First Quarter 2021 Earnings Conference Call. [Operator Instructions] A question-and-answer session will follow the formal presentation. [Operator Instructions]
It is now my pleasure to turn the conference over to your host, Andrew Kirk, Director of Investor Relations for Ameren Corporation. Thank you, Mr. Kirk, you may begin.SPONSORED:
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AMEREN CORP - 10-K - MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTSOF OPERATIONS


Transmission
(a)Ameren Missouri capital expenditures include $564 million for the acquisition of the High Prairie Renewable Energy Center for the year ended December 31, 2020. For 2021 through 2025, Ameren s cumulative capital expenditures are projected to range from $16.4 billion to $17.8 billion. The following table presents the range of projected spending by segment: Range (in billions) Ameren Missouri(a) $ 8.7 - $ 9.3 Ameren Illinois Electric Distribution 2.6 - 2.8 Ameren Illinois Natural Gas 1.7 - 1.8 Ameren Transmission 3.5 - 3.8 Ameren(a) $ 16.4 - $ 17.8 (a)Amounts include 300 MWs of wind generation at the Atchison Renewable Energy Center, but exclude incremental renewable generation investment opportunities of 1,200 MWs by 2025, which are included in Ameren Missouri s 2020 IRP. RESULTS OF OPERATIONS Our results of operations and financial position are affected by many factors. Economic conditions, including those resulting from the COVID-19 pandemic discussed below, en ....

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