Ranier on behalf of Ross Fowler's questions to Alliant Energy Corp (LNT) leadership • Q1 2025
Question
Ranier, on behalf of Ross Fowler at Bank of America, asked about the impact of the recent MISO capacity auction results on customer bills and the regulatory environment. He also inquired about the company's view on potential Right of First Refusal (ROFR) legislation in Wisconsin and its effect on CapEx.
Answer
Executive Robert Durian explained that Alliant is well-positioned with excess capacity, allowing it to sell into the MISO auction and use the proceeds to benefit customers. He views elevated capacity prices as a long-term trend supporting new generation. Executive Lisa Barton added that while ROFR legislation would strengthen transmission opportunities, none of that potential upside is currently included in the company's CapEx plan, representing future growth.