Union Electric Co, founded in 1907 and headquartered in St. Louis, Missouri, is a utility company dedicated to providing reliable electricity and energy solutions to residential, commercial, and industrial customers. The company operates within the broader Ameren Corporation framework, focusing on delivering sustainable energy while enhancing infrastructure to meet the growing demands of its service area.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Union Electric Co has a long history of issuing bonds to fund various expansions and improvements in its infrastructure. The company first entered the bond market in 1960 and has since issued several significant bonds, including a $300 million offering in 2020 aimed at financing green energy projects. Current bond yields for Union Electric are competitive with industry averages, incorporating features such as callable options, which provide added flexibility for the issuer. Recently, Union Electric has garnered attention for its commitment to renewable energy initiatives, reflected in its bond strategy that emphasizes sustainable financing.