Company: AILIM
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001002910-25-000129
Chunk: 153

Company: Ameren Illinois Co
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 153
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 under the DRPlus and employee benefit plans and expects to continue to do so through at least 2029. Additionally, Ameren may offer and sell from time to time common stock, including under its ATM program, which includes the ability to enter into forward sale agreements, subject to market conditions and other factors. There were no shares issued under the ATM program during the nine months ended September 30, 2025. As of September 30, 2025, Ameren had multiple forward sale agreements that could be settled with various counterparties relating to 12.2 million shares of common stock. Ameren expects 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 and to settle another approximately $590 million of the forward sale agreements with physical delivery of 6.4 million shares of common stock by December 31, 2026. Including issuances under the DRPlus and employee benefit plans, Ameren plans to issue approximately $600 million of equity each year from 2025 to 2029. In August 2025, Ameren increased the amount of common stock available for sale under the ATM program by $1.25 billion to a total of $3 billion. As of September 30, 2025, Ameren had approximately $1.5 billion of common stock remaining available for sale under the 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 and forward sale agreements relating to common stock, including those under the ATM program.

The following table presents net cash provided by (used in) operating, investing, and financing activities for the nine months ended September 30, 2025 and 2024:

Net Cash Provided ByOperating ActivitiesNet Cash Used InInvesting ActivitiesNet Cash Provided ByFinancing Activities20252024Variance20252024Variance20252024VarianceAmeren$2,397 (a)$1,946 (a)$451 $(3,112)$(3,106)$(6)$822 $1,212 $(390)Ameren Missouri1,273 997 276 (1,875)(1,932