Company: AILIM
Filing Date: 2025-05-05
Form Type: 10-Q
Source: 0001002910-25-000098
Chunk: 23

Company: Ameren Illinois Co
Filing Date: 2025-05-05
Form: 10-Q
Item: Part I, Item 2
Chunk 23
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 to settle approximately $530 million of the forward sale agreements with physical delivery of 5.8 million shares of common stock by December 31, 2025. Including issuances under the DRPlus and employee benefit plans, Ameren plans to issue approximately $600 million of equity each year from 2025 to 2029. As of March 31, 2025, Ameren had approximately $230 million of common stock available for sale under the ATM program, which takes into account the forward sale agreements in effect as of March 31, 2025. In 2025, Ameren intends to increase the amount of common stock available for sale under its ATM program. The Ameren Companies expect their equity to total capitalization and cash flow metrics to support solid investment-grade credit ratings. See Long-term Debt and Equity below and Note 4 – Long-term Debt and Equity Financings under Part I, Item 1, of this report for additional information on the ATM program, including the forward sale agreements under the ATM program relating to common stock.

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The following table presents net cash provided by (used in) operating, investing, and financing activities for the three months ended March 31, 2025 and 2024:

Net Cash Provided ByOperating ActivitiesNet Cash Used InInvesting ActivitiesNet Cash Provided By (Used In)Financing Activities20252024Variance20252024Variance20252024VarianceAmeren$431 (a)$492 (a)$(61)$(1,087)$(906)$(181)$704 $497 $207 Ameren Missouri97 177 (80)(647)(482)(165)578 311 267 Ameren Illinois342 (a)415 (a)(73)(363)(372)9 35 (23)58 

(a)Both Ameren and Ameren Illinois’ cash provided by operating activities included cash outflows of $22 million and $24 million for the electric energy-efficiency rider and $14 million and $6 million for the customer generation rebate program for the three months ended March 31, 2025 and 2024, respectively.

Cash Flows from Operating Activities

Our cash provided by operating activities is affected by fluctuations of trade accounts receivable, inventories, and accounts and wages payable, among other things, as well as the unique regulatory environment for each of our businesses. Substantially all expenditures related to fuel, purchased power, and natural