Alliant Energy Corp - Company Profile

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Alliant Energy Corp: Segment Analysis

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Business Description

Alliant Energy Corp (Alliant Energy) is an energy utility holding company that generates and distributes electricity and steam. It also purchases, distributes and transports natural gas in Wisconsin and Iowa. The company operates through two reportable business segments: IPL and WPL. In FY2024, the company’s capital expenditure stood at US$2,052 million, which grew 18.5% YoY.

Business Segments

Overview

Comprises of Interstate Power and Light Company, which operates as a power and natural gas utility in Iowa. Sells electricity to wholesale customers in Minnesota, Illinois and Iowa. It also generates and distributes steam to two customers in Cedar Rapids, Iowa. In FY2024, the segment incurred a capital expenditure of US$1,224 million, which grew 71.9% YoY.

Performance

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Overview

Operates through Wisconsin Power and Light Company as a power and natural gas utility in Wisconsin. Sells wholesale electricity to customers in Wisconsin. In FY2024, the segment incurred a capital expenditure of US$828 million, which declined 18.7% YoY.

Performance

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Overview

Includes operations of Alliant Energy Finance LLC; Corporate Servicesthe Alliant Energy parent company, and any Alliant Energy parent company consolidating adjustments.

Performance

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