Ameren Subsidiary Ameren Missouri Receives Approval To Build Or Acquire Approximately 400 Megawatts Of Solar Energy
Portfolio Pulse from Benzinga Newsdesk
Ameren Missouri, a subsidiary of Ameren Corporation (AEE), has received approval to build or acquire around 400 megawatts of solar energy. The first solar project is expected to be operational in 2025, followed by two additional projects in 2026.
March 21, 2024 | 8:48 pm
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Ameren Corporation's subsidiary, Ameren Missouri, has been approved to develop or acquire approximately 400 megawatts of solar energy, with the first project operational by 2025.
The approval for Ameren Missouri to build or acquire significant solar energy capacity is a positive development for Ameren Corporation (AEE). It demonstrates the company's commitment to expanding its renewable energy portfolio, which is likely to be viewed favorably by investors and could lead to a positive impact on the stock price in the short term. The timeline for the projects, with the first expected to be operational in 2025, provides a clear path for growth in the renewable sector for Ameren.
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