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Elliott Investment Management L.P. ("Elliott"), which manages funds that have an investment in Duke Energy Corporation ("Duke" or the "Company") that make it a top 10 investor in the Company, today sent a letter to Duke's Board outlining a plan to create $12 to $15 billion of line-of-sight near-term value for shareholders. Elliott explained that this value upside is based on observable publicly traded market valuation metrics of Duke's closest peers and does not incorporate meaningfully higher valuations realized in recent transactions in Florida and Ind...

Hontiveros urges ERC to simplify power rate-setting mechanism, replace 'complex' PBR Senator Risa Hontiveros today urged the Energy Regulatory Commission (ERC) to review its power rate-setting mechanism, saying that its complex and ambiguous nature leads to questionable over-recoveries, making it 'consumer unfriendly'. The statement came after Manila Electric Company (Meralco) slashed its power rates for a second straight month in March, factoring in the approved refunds ordered by the power regulator. Hontiveros said that while the P13B Meralco refund to consumers is good news to welcome, th...

Transmission (a)Ameren Missouri capital expenditures include $564 million for the acquisition of the High Prairie Renewable Energy Center for the year ended December 31, 2020. For 2021 through 2025, Ameren's cumulative capital expenditures are projected to range from $16.4 billion to $17.8 billion. The following table presents the range of projected spending by segment: Range (in billions) Ameren Missouri(a) $ 8.7 - $ 9.3 Ameren Illinois Electric Distribution 2.6 - 2.8 Ameren Illinois Natural Gas 1.7 - 1.8 Ameren Transmission 3.5 - 3.8 Ameren(a) $ 16.4 - $ 17.8 (a)Amounts include 300 MWs of w...

ST. LOUIS, Feb. 18, 2021 /PRNewswire/ -- Ameren Corporation today announced 2020 net income attributable to common shareholders of $871 million, or $3.50 per diluted share, compared to 2019... | February 22, 2021

>>guest: that is bad public policy the way the proposal is worded about two-thirds vote to increase in rate base. that sundays appealing but to get two-thirds that leaves small minorities in charge and the great illustration is we have the dumb of the tax in the united states, in michigan, and it was a job killer. we got rid of that but replaced it with 6 percent flat net income tax for corporations. that did not pass by two-thirds so if the proposal was in place, we would continue to have job-killing tax in place by having a regular majority we could do massive tax reform and create jobs. i h...