AEE · 10-Q · 2026Q3 · Full report

Capital Expenditures and Cash Flow

AMEREN CORP · 2026-11-06 · Importance 44 · Surprise 24 · In source text

Ameren’s cash used in investing activities increased $1.042 billion in the first nine months of 2026 versus the year-ago period, primarily because capital expenditures increased $971 million. The increase primarily reflected acquisition of the Split Rail Solar Project and other generation projects at Ameren Missouri, plus electric distribution infrastructure upgrades at Ameren Illinois. Ameren Missouri’s investing cash outflow rose $945 million, including an $877 million increase in capital expenditures, while Ameren Illinois’ investing cash outflow decreased $91 million as capital expenditures fell $39 million.

Key facts

• Ameren’s cash used in investing activities increased $1,042 million in the first nine months of 2026, primarily due to a $971 million increase in capital expenditures.
• Ameren’s increased capital expenditures were largely due to the Split Rail Solar Project acquisition, other Ameren Missouri generation projects, and Ameren Illinois electric distribution infrastructure upgrades.

Impact estimates