Robin Shillock's questions to Ameren Corp (AEE) leadership • Q3 2024
Question
Robin Shillock of JPMorgan Chase & Co. inquired about the strategy of providing 2025 guidance early amid regulatory proceedings and how Ameren accounts for potential customer overlap in its large economic development pipeline.
Answer
Martin Lyons, Chairman, President and CEO, explained that early guidance reflects strong conviction driven by cooling inflation, a robust local economy, and a strong investment pipeline. He noted the company is confident it can adjust to meet its targets. Regarding the development pipeline, Lyons acknowledged that potential customers are likely exploring multiple utilities and sites. He stated Ameren takes a methodical approach, waiting for signed construction agreements before announcing new load, and expects to provide more clarity with an updated IRP in February.