regulatory
confidence high
sentiment neutral
materiality 0.65
MoPSC authorizes $470M in securitized bonds for Rush Island Energy Center retirement
AMEREN CORP
- MoPSC issued Financing Order on June 20, 2024, authorizing ~$470M in securitized utility tariff bonds by Ameren Missouri subsidiary.
- Bonds will finance energy transition costs including unrecovered net plant balance and closure/decommissioning of Rush Island Energy Center.
- Order found retirement decision reasonable and prudent; no ruling on prudency of prior NSR/Clean Air Act actions.
- Rehearing requests due by July 19, 2024; order subject to appeal thereafter.