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Ameren Corporation plans $38.1 billion investment to meet data center demand

The Motley Fool +1 · ·by G4L

AEE Ameren Corp
$113.68 -0.30%
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  1. 1Ameren Corporation announced a planned strategic investment of $38.1 billion in Ameren's energy infrastructure over the next five years.
  2. 2Google and Amazon announced projects within the Missouri service area in the second quarter, representing a total planned investment of $25.0 billion.
  3. 3Ameren's earnings per share is projected to have an average annual growth rate of 8% to 10% from 2027 to 2031.

So what's the key point?

Ameren Corporation has decided to spend $38.1 billion on building energy facilities. Due to investments from Google and Amazon, the company's earnings per share is expected to grow by about 8% to 10% every year.

Source The Motley Fool +1 · View original ↗

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