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ALLIANT ENERGY (LNT)

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Earnings summaries and quarterly performance for ALLIANT ENERGY.

Recent press releases and 8-K filings for LNT.

Alliant Energy reports Q4 2025 earnings
LNT
Earnings
Guidance Update
New Projects/Investments
  • Alliant delivered 6% ongoing EPS growth in 2025, exceeding guidance midpoint and achieving 10-year compound annual EPS growth of 6.3%, while increasing its dividend for the 22nd consecutive year and delivering a >13% total shareowner return.
  • 2025 ongoing EPS increased by $0.18 year-over-year, driven by rate-based increases and favorable temperatures (+$0.03 impact versus –$0.15 in 2024), partially offset by higher O&M and development expenses.
  • Executed four electric service agreements totaling 3 GW of peak load, signed a new ESA for QTS’s relocated data center in Iowa, and are actively pursuing 2–4 GW of additional large-load opportunities, underpinning data-center-driven demand growth.
  • Reaffirmed 2026 earnings guidance and maintained a $13.4 billion four-year capital expenditure plan with flexible reallocations, proactive safe-harboring of renewables and storage projects, and reduced regulatory uncertainty following a unanimous Wisconsin rate settlement and key Iowa approvals.
Feb 20, 2026, 3:00 PM
Alliant Energy reports Q4 2025 results
LNT
Earnings
Guidance Update
New Projects/Investments
  • Delivered 6% ongoing EPS growth in 2025, marking the 22nd consecutive dividend increase and >13% total shareholder return for the year
  • Closed the year with four executed ESAs totaling 3 GW of data center peak load (≈50% future demand growth) and signed a new ESA for the QTS relocation; pursuing 2–4 GW of additional large-load opportunities
  • Consolidated four-year capex plan ($13.4 B) remains on track, with gas turbine reservations secured, renewable and storage projects safe-harbored, and resources reallocated between Iowa and Wisconsin after the QTS move; affirmed 2026 guidance and 7%+ CAGR through 2027–29
  • 2026 financing to include up to $1.2 B of long-term debt and $1.3 B of remaining equity issuances through 2029; no active rate reviews in 2026 limits regulatory uncertainty
Feb 20, 2026, 3:00 PM
Alliant Energy reports Q4 2025 results
LNT
Earnings
Guidance Update
Debt Issuance
  • 2025 GAAP net income of $810 M vs $690 M in 2024; GAAP EPS of $3.14 vs $2.69; and ongoing EPS of $3.22 vs $3.04
  • Delivered 13.5% total shareholder return in 2025 and achieved a 10-year ongoing EPS CAGR of 6.3%, with ~275 MW of energy storage completed and regulatory approvals for ~925 MW of gas generation and ~300 MW of storage
  • Affirmed 2026 EPS guidance of $3.36–$3.46, a 5–7%+ long-term EPS growth target, a $13.4 B four-year capex plan (~12% investment CAGR) and $2.4 B equity support (with $1.3 B remaining)
  • 2026 debt financing plans include up to $400 M in term loan at parent, $500 M in IPL senior debentures and $300 M in WPL debentures; prepaid a $300 M term loan in Jan 2026 and executed a $300 M interest-rate swap
Feb 20, 2026, 3:00 PM
Alliant Energy posts strong FY 2025 results and affirms 2026 guidance
LNT
Earnings
Guidance Update
New Projects/Investments
  • Delivered 6% ongoing EPS growth in 2025, achieving a 10-year EPS CAGR of 6.3%, marked the 22nd consecutive dividend increase, and generated >13% total shareholder return.
  • Executed 4 EFAs totaling 3 GW of data center load, pivoted the QTS project from Wisconsin to Iowa under a new individual customer rate, and is pursuing an additional 2–4 GW of large-load opportunities.
  • Affirmed 2026 earnings guidance (including ~1% retail sales growth) and targets 7%+ compound annual EPS growth for 2027–2029; maintained a $13.4 billion four-year capex plan, with state-to-state reallocation post-QTS relocation.
  • Achieved a unanimous 2026/2027 Wisconsin rate settlement, secured Iowa Utilities Commission approval for 814 MW of new gas generation, and awaits decisions on advanced wind ratemaking, LNG storage, and Meta data center ICR filings.
Feb 20, 2026, 3:00 PM
Alliant Energy announces 2025 results
LNT
Earnings
Guidance Update
New Projects/Investments
  • Alliant Energy reported GAAP EPS of $3.14 in 2025 versus $2.69 in 2024, and ongoing EPS of $3.22 versus $3.04, reflecting 6% ongoing EPS growth year-over-year.
  • The company affirmed its 2026 ongoing EPS guidance range of $3.36 – $3.46, extending a decade-long track record of over 6% compound annual earnings growth.
  • Results were driven by increased revenue requirements from authorized rate base increases tied to capital investments in generation and energy storage, partially offset by higher operation & maintenance, depreciation and financing expenses.
  • Alliant Energy renegotiated an electric service agreement with QTS based on a new project location, reinforcing its balanced generation portfolio and investment flexibility.
Feb 19, 2026, 11:00 PM
Wisconsin Power and Light Company prices $300 million 5.700% debentures due 2055
LNT
Debt Issuance
  • $300 million aggregate principal amount of 5.700% debentures due December 15, 2055 priced in a public offering; closing expected December 5, 2025.
  • Offering marketed by joint bookrunners Mizuho Securities USA LLC, Wells Fargo Securities, LLC, BofA Securities, Inc., and MUFG Securities Americas Inc., with Academy Securities, PNC Capital Markets, and U.S. Bancorp Investments as co-managers.
  • Net proceeds earmarked to reduce outstanding commercial paper and for general corporate purposes.
Dec 5, 2025, 2:45 AM
Alliant Energy announces Q3 2025 results and updates guidance
LNT
Earnings
Guidance Update
New Projects/Investments
  • Alliant reported third-quarter ongoing EPS of $1.12, representing over 80% of the midpoint of its 2025 guidance, driven by higher rate base revenue and favorable temperatures; year-to-date weather added ~$0.02 per share, versus a $0.10 per-share drag in 2024.
  • The company narrowed 2025 earnings guidance to $3.17–$3.23 per share and initiated 2026 guidance of $3.36–$3.46, a 6.6% increase over the 2025 midpoint; the dividend target rose to $2.14, up 5.4%.
  • Capex was raised 17% to $13.4 billion through 2029, supporting a 12% rate-base CAGR and including completion of 175 MW of storage and advanced gas-path upgrades; contracted data-center demand sits at 3 GW (50% peak growth by 2030) with 2–4 GW more in active pipeline.
  • In Q3, Alliant refinanced $300 million of IPL debt and issued $725 million of parent-company junior subordinated notes; through 2029 it plans to raise $2.4 billion equity and up to $1.1 billion of debt in 2026 to maintain a 40–45% consolidated equity ratio.
  • Regulators approved new data-center rates in Iowa and a 2026–27 rate settlement in Wisconsin; pending dockets include wind-farm refurbishment, LNG storage, and wind-expansion projects to secure customer tax benefits.
Nov 7, 2025, 3:00 PM
Alliant Energy reports Q3 2025 earnings
LNT
Earnings
Guidance Update
Dividends
  • Q3 2025 ongoing EPS of $1.12, down from $1.15 in Q3 2024.
  • Nine-month ongoing EPS of $2.62, up from $2.33 year-over-year.
  • 2026 EPS guidance of $3.36–$3.46 (midpoint $3.41), a 6.6% increase over 2025 guidance.
  • 2026 dividend target of $2.14 per share, a 5.4% increase over 2025, with a 60–70% payout target.
  • Four-year CapEx plan of $13.4 billion (2026–2029), funded by 34% cash from operations, 36% new debt, 18% equity and 12% tax credit monetization.
Nov 7, 2025, 3:00 PM
Alliant Energy reports Q3 2025 results and updates guidance
LNT
Earnings
Guidance Update
New Projects/Investments
  • Alliant delivered Q3 ongoing EPS of $1.12, achieving over 80% of the 2025 midpoint guidance.
  • 2025 earnings guidance narrowed to $3.17–$3.23 per share; 2026 guidance set at $3.36–$3.46 (6.6% growth) and dividend raised to $2.14 per share.
  • Four-year capex plan increased 17% to $13.4 billion, driving a 12% CAGR in rate base plus CWIP, alongside contracted 3 GW of data center load (50% peak growth by 2030) with 2–4 GW additional pipeline.
  • Q3 financing included refinancing $300 million of utility debt and issuing $725 million of junior subordinated notes; 2026–2029 plan calls for $2.4 billion equity and up to $1.1 billion new debt.
Nov 7, 2025, 3:00 PM
Alliant Energy reports Q3 2025 results
LNT
Earnings
Guidance Update
New Projects/Investments
  • Alliant Energy delivered Q3 ongoing EPS of $1.12, achieved over 80% of its 2025 guidance midpoint, narrowed full-year 2025 ongoing earnings guidance to $3.17–$3.23/share, and initiated 2026 guidance of $3.36–$3.46/share (6.6% growth) with a 5.4% dividend increase to $2.14/share.
  • The company raised its four-year capital expenditure plan by 17% to $13.4 billion, targeting a 12% CAGR in rate base plus CWIP (2025–2029), and completed 175 MW of energy storage and advanced gas path upgrades to boost generation efficiency.
  • Alliant has secured 3 GW of contracted data center demand (50% peak load growth by 2030), with three of four projects under construction, and is actively negotiating an additional 2–4 GW pipeline to further accelerate load growth.
Nov 7, 2025, 3:00 PM