Welcome to our dedicated page for Alliant Energy news (Ticker: LNT), a resource for investors and traders seeking the latest updates and insights on Alliant Energy stock.
Alliant Energy Corporation reports developments in its regulated electric and natural gas utility operations in Iowa and Wisconsin through Interstate Power and Light Company and Wisconsin Power and Light Company. Recurring updates cover quarterly and annual earnings, revenue requirements, rate-base growth, generation and energy storage investments, financing costs, depreciation, operations and maintenance expense, and electric service agreements tied to customer demand.
Company news also includes common stock dividend declarations, community and foundation programs, and portfolio actions involving subsidiaries such as Travero. The utility-focused disclosures emphasize regulated service territories, capital investment, regulatory considerations, and the operating performance of IPL and WPL.
Alliant Energy (NASDAQ: LNT) has announced its upcoming fourth quarter and year-end 2024 earnings release, scheduled for Thursday, February 20th, after market close. The company will hold a conference call to discuss the results on Friday, February 21st at 9 a.m. CT, hosted by Lisa Barton, President and CEO, and Robert Durian, Executive Vice President and CFO.
The event will be webcast live on the company's investor relations website. Alliant Energy serves approximately 1,000,000 electric and 425,000 natural gas customers across Iowa and Wisconsin through its public energy companies, Interstate Power and Light Company (IPL) and Wisconsin Power and Light Company (WPL). The company is included in both the S&P 500 and Bloomberg's Gender-Equality Index.
Alliant Energy (NASDAQ: LNT) has announced its quarterly cash dividend of $0.5075 per share, payable on February 18, 2025, to shareholders of record as of January 31, 2025. The company has maintained an impressive track record of 317 consecutive quarterly dividend payments since 1946, earning its position in the S&P 500 Dividend Aristocrats Index.
Alliant Energy serves approximately 1,000,000 electric and 425,000 natural gas customers across Iowa and Wisconsin through its public energy companies, Interstate Power and Light Company (IPL) and Wisconsin Power and Light Company (WPL). The company is also recognized as a component of Bloomberg's Gender-Equality Index and the S&P 500.
Alliant Energy (LNT) reported third quarter 2024 GAAP earnings per share of $1.15, up from $1.02 in 2023. The company narrowed its 2024 earnings guidance to $2.99-$3.06 per share and introduced 2025 guidance of $3.15-$3.25. The utility announced a $11 billion capital expenditure plan for 2025-2028 and increased its 2025 annual dividend target to $2.03 per share, representing a 6% increase. Higher revenue requirements from capital investments and timing of income taxes drove positive results, partially offset by higher financing and depreciation expenses.
Alliant Energy (NASDAQ: LNT) has released its latest Corporate Responsibility Report, highlighting its ESG initiatives and progress. The report showcases that 37% of the company's generation came from renewable sources in 2023. The company, its employees, retirees, and charitable foundation contributed nearly $11 million and volunteered over 72,000 hours in 2023. TIME recently recognized Alliant Energy as one of the Best Midsize Companies in America in its 2024 inaugural list. The company serves over 1 million customers across Iowa and Wisconsin, focusing on delivering cleaner energy resources affordably, safely, reliably, and sustainably.
Energy Dome has signed its first U.S. supply contract with Alliant Energy (LNT) for the Columbia Energy Storage Project, following a $30 million award from the U.S. Department of Energy. The project will feature a 20MW/200MWh CO2 Battery capable of powering approximately 18,000 Wisconsin homes for 10 hours on a single charge. The company is simultaneously constructing its first standard CO2 Battery plant in Sardinia, Italy, expected to complete by Q1 2025. This modular plant will serve as a template for the Wisconsin facility, ensuring efficient implementation of lessons learned.
Alliant Energy (NASDAQ: LNT) has declared a quarterly cash dividend of $0.48 per share, payable on November 15, 2024, to shareholders of record as of October 31, 2024. This marks the 316th consecutive quarter of dividend payments since 1946, solidifying Alliant Energy's position in the S&P 500 Dividend Aristocrats Index.
Alliant Energy serves approximately 1,000,000 electric and 425,000 natural gas customers across Iowa and Wisconsin through its public energy companies, Interstate Power and Light Company (IPL) and Wisconsin Power and Light Company (WPL). The company is committed to delivering safe, efficient, and responsible energy solutions and exceptional service to its customers and communities.
Alliant Energy (NASDAQ: LNT) has announced its third quarter 2024 earnings release schedule. The company will release its earnings on Thursday, October 31st, after market close, followed by a conference call on Friday, November 1st at 9 a.m. CT. The call will be webcast live and hosted by Lisa Barton, President and CEO, and Robert Durian, Executive Vice President and CFO.
Investors can participate by dialing (800) 343-4136 (North America) or (203) 518-9814 (International) with the conference ID: ALLIANT. An archive of the webcast will be available on the company's website. Alliant Energy serves approximately 1,000,000 electric and 425,000 natural gas customers across Iowa and Wisconsin through its public energy companies, Interstate Power and Light Company (IPL) and Wisconsin Power and Light Company (WPL).
Interstate Power and Light Company (IPL), a subsidiary of Alliant Energy (NASDAQ: LNT), has announced the pricing of its public debt offering. The offering consists of $350 million in 4.950% senior debentures due 2034 and $300 million in 5.450% senior debentures due 2054. IPL plans to use the proceeds to retire its $500 million 3.25% senior debentures maturing on December 1, 2024, and for general corporate purposes. The offering is expected to close on September 6, 2024, subject to customary conditions. The underwriting group includes Barclays Capital, Goldman Sachs, J.P. Morgan Securities, and MUFG Securities Americas as joint book-running managers, along with several co-managers.
Alliant Energy (NASDAQ: LNT) reported Q2 2024 results, with GAAP EPS of $0.34, down from $0.64 in Q2 2023. Non-GAAP EPS was $0.57, compared to $0.64 last year. The company reaffirmed its full-year 2024 earnings guidance of $2.99 - $3.13 per share.
Key factors impacting Q2 results included:
- Asset impairment charge for IPL's Lansing Generating Station
- Asset retirement obligation charge due to revised EPA rules
- Higher financing and depreciation expenses
- Estimated temperature impacts on sales
- Timing of income taxes
These were partially offset by higher revenue requirements from capital investments at WPL. The company remains confident about long-term growth prospects, citing regulatory progress and data center opportunities.
Alliant Energy (NASDAQ: LNT) has been named one of America's Best Mid-Size Companies 2024 by TIME magazine. This inaugural list, created in partnership with Statista Inc., recognizes companies based on employee satisfaction, revenue growth, and sustainability transparency. The selection considered U.S. companies with annual revenues between $100 million and $10 billion.
Raja Sundararajan, executive VP of strategy and customer solutions at Alliant Energy, expressed pride in the company's commitment to a cleaner, more reliable, and cost-effective energy future. This recognition reinforces Alliant Energy's customer-centric vision and its dedication to building stronger communities.