Moody's may cut AmerenGenco

Moody's Investors Service said it placed the ratings of Ameren Energy Generating Co. on review for possible downgrade. Moody's affirmed the ratings and stable outlook of Ameren Corp.

"The review of AmerenGenco's ratings reflects continuing low power price conditions in its Midwest market, the vulnerability of the company's coal fired fleet to EPA mandated environmental compliance costs, and the likelihood that cash flow coverage measures will decline from current levels," senior vice president Michael Haggarty said in a news release.

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