Announcements


Indexed REC-36: Is the Collateral Threshold of $2,500,000 an unsecured credit for each of AIC, ComEd, and MEC accounted for separately or is it an aggregate unsecured credit for AIC, ComEd and MEC accounted for collectively?

Each Indexed REC Contract is administered separately and independently by each of Ameren Illinois Company, Commonwealth Edison Company, and MidAmerican Energy Company (each is the Buyer under each such Indexed REC Contract). As such, the Collateral Threshold amount determined in accordance with Table A in Section 7.1 of the Indexed REC Contract applies to each of Ameren Illinois Company, Commonwealth Edison Company, and MidAmerican Energy Company independently. However, if the Seller or Seller’s Guarantor is a party to one or more additional REC purchase agreements with a Buyer, then the Seller or Seller’s Guarantor will be granted a single Collateral Threshold to be applied in aggregate to all such REC purchase agreements entered into with such Buyer.