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S&P revises outlook on Ameren, subsidiaries

Dec 03, 2018 - SNL Energy Finance Daily

S&P Global Ratings changed its outlook on Ameren Corp. and its subsidiaries to stable from positive.

"The outlook revisions reflect our expectations for weaker consolidated financial performance at Ameren for the next several years," the ratings agency said in a Nov. 29 research note.

S&P sees financial measures weakening due to the company's higher capital spending plans that could total approximately $13.4 billion for the 2018-2022 period, a rate freeze for Ameren Missouri until mi...