July 01, 2016

Successful Settlement Negotiated for Ameren in Goodwill Proceedings

Ameren, a holding company for several power and energy companies, engaged Wright & Talisman to represent them at the Federal Energy Regulatory Commission (FERC) and D.C. Circuit Court of Appeals in multiple proceedings regarding the accounting and ratemaking treatment of goodwill associated with prior Ameren merger transactions. A comprehensive settlement concerning all proceedings was successfully negotiated and agreed to by all parties, and is approved by FERC. In short, the settlement greatly reduces Ameren’s refund exposure and provides ongoing benefits to both Ameren and its customers through agreements on appropriate accounting treatment of acquisition premiums.

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