Welcome to our dedicated page for Alliant Energy Corporation news (Ticker: LNT), a resource for investors and traders seeking the latest updates and insights on Alliant Energy Corporation stock.
Alliant Energy Corporation (LNT) is a utility holding company that provides regulated electricity and natural gas services. The company operates through three main segments: Utility Electric Operations, Utility Gas Operations, and Utility Other. As the parent company of Interstate Power and Light and Wisconsin Power and Light, Alliant Energy serves nearly 1 million electric customers and 425,000 natural gas-only customers.
Utility Electric Operations involves the generation and distribution of electricity to homes and businesses. Their diverse energy mix includes coal, natural gas, and renewable energy sources such as wind and solar. The Utility Gas Operations segment focuses on the distribution and transportation of natural gas, ensuring reliable delivery to customers.
Alliant Energy is committed to sustainability and reducing its carbon footprint. The company has made significant strides in renewable energy projects and aims to transition towards cleaner energy solutions. Recent achievements include expanding their wind and solar energy capabilities and modernizing their electric grid to enhance efficiency and reliability.
Financially, Alliant Energy maintains a strong position with steady revenue growth and a robust balance sheet. They have a 16% interest in American Transmission Co., which plays a crucial role in the energy transmission infrastructure.
Partnerships with other energy companies and technological advancements are key to Alliant Energy's strategy. They continue to invest in smart grid technology and infrastructure improvements to meet the growing energy demands and ensure customer satisfaction.
With continuous projects aimed at enhancing their energy services, Alliant Energy remains a significant player in the utilities sector, committed to providing reliable and sustainable energy solutions to its customers.
The Alliant Energy Corporation (NASDAQ: LNT) announced a quarterly cash dividend of $0.4025 per share, set for payment on February 16, 2021, to shareholders on record as of January 29, 2021. This dividend declaration continues Alliant Energy's impressive track record, marking 301 consecutive quarters of payouts since 1946. The company provides regulated electric and natural gas services to approximately 970,000 and 420,000 customers in Iowa and Wisconsin, respectively, and is part of the S&P 500.
Alliant Energy Finance, a subsidiary of Alliant Energy Corporation (NASDAQ:LNT), has priced a private offering of $200 million in senior unsecured notes with a 1.400% interest rate, due on March 15, 2026. The offering's closing is expected on November 20, 2020, pending customary conditions. Proceeds will be used to reduce commercial paper and for general corporate purposes. The notes will not be registered under the Securities Act and are offered to qualified institutional buyers only.
Alliant Energy Corporation has declared dividends for its preferred stock, payable on December 15, 2020, to shareholders of record on November 30, 2020. The dividend amounts to $0.31875 per share on the 5.1% Series D Cumulative Preferred Stock. Alliant Energy, which operates in Iowa and Wisconsin, serves approximately 970,000 electric and 420,000 natural gas customers. As a component of the S&P 500, Alliant Energy is committed to providing safe, efficient, and responsible energy solutions.
Alliant Energy Corporation (NASDAQ: LNT) updated its earnings guidance, raising the 2020 EPS target to $2.40-$2.46. In Q3 2020, GAAP EPS was $0.98, slightly up from $0.94 in Q3 2019, driven by a higher revenue base despite negative impacts from the Derecho storm and increased depreciation. The company announced a 6% dividend increase, bringing the annual target to $1.61 per share for 2021. Key developments included a wind expansion of 1,150 megawatts and plans for additional solar generation.
Alliant Energy (NASDAQ: LNT) has launched its Clean Energy Blueprint for Iowa, aiming to enhance renewable energy usage, including a boost of 400 MW of solar by 2023 and transitioning coal power plants to cleaner alternatives. The plan is projected to save Iowa customers over $300 million in the next 35 years, facilitates job creation, and aims for a 50% reduction in CO2 emissions by 2030. The strategy includes significant investments in battery storage technologies to improve energy reliability and efficiency.
Alliant Energy Corporation (NASDAQ: LNT) has set its third quarter 2020 earnings release for November 2, 2020, after market close. A conference call to discuss the results is scheduled for November 3, 2020, at 9:00 a.m. CT, accessible via a public webcast. Alliant Energy serves approximately 970,000 electric and 420,000 natural gas customers across the Midwest and is a component of the S&P 500. For more details, visit alliantenergy.com/investors.
Alliant Energy has appointed Tom Tang as vice president and chief information officer. Tang will oversee the company’s technology, analytics, and strategy departments, focusing on leveraging innovative technology to enhance customer service and community strength. With prior leadership roles at Sainsbury's and Argos, Tang aims to drive technological advancements that align with Alliant Energy's mission. The company delivers regulated energy services to approximately 970,000 electric and 420,000 natural gas customers in Iowa and Wisconsin.
Alliant Energy Corporation (NASDAQ: LNT) announced a quarterly cash dividend of $0.38 per share, payable on November 16, 2020, to shareholders of record as of October 30, 2020. This marks an impressive 300 consecutive quarters of dividend payments since 1946. The company, based in Madison, Wisconsin, provides regulated electric and natural gas services to approximately 970,000 electric and 420,000 natural gas customers in Iowa and Wisconsin. Alliant Energy is a component of the S&P 500, demonstrating its stability in the market.
Alliant Energy has announced that 100% of its light-duty fleet vehicles will switch to electric by 2030. This shift is part of their broader commitment to reduce emissions and cut costs for customers. The transition will involve replacing older vehicles with Battery Electric Vehicles (BEV) and Plug-in Hybrid Electric Vehicles (PHEV), while supporting local economies through local vehicle procurement. Additionally, the company aims to eliminate coal from its generation fleet by 2040 and achieve net-zero carbon emissions from electricity generation by 2050. This announcement coincides with National Climate Week.
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