LNT 📈 Alliant Energy - Overview

Alliant Energy Corporation is a utility holding company that provides a range of regulated electricity and natural gas services to customers across the United States. The company's operations are divided into three primary segments: Utility Electric Operations, Utility Gas Operations, and Utility Other. Through its subsidiaries, including Interstate Power and Light Company (IPL) and Wisconsin Power and Light Company (WPL), Alliant Energy generates and distributes electricity, as well as distributes and transports natural gas to retail customers in key markets such as Iowa and Wisconsin.

The company's customer base is diverse, encompassing retail customers in industries like farming, agriculture, industrial manufacturing, chemical, packaging, and food, in addition to wholesale customers including municipalities and rural electric cooperatives. Alliant Energy's subsidiaries, IPL and WPL, play a crucial role in serving these customers, with IPL primarily operating in Iowa and selling electricity to wholesale customers in Minnesota, Illinois, and Iowa, while WPL focuses on Wisconsin, generating and distributing electricity, and distributing and transporting natural gas to retail customers in the state.

Beyond its core utility operations, Alliant Energy has a portfolio of other businesses and investments. The company owns and operates a short-line rail freight service in Iowa, a Mississippi River barge, rail, and truck freight terminal in Illinois, and offers freight brokerage services. Additionally, it provides wind turbine blade recycling services and operates a rail-served warehouse in Iowa. The company also holds interests in a natural gas-fired electric generating unit near Sheboygan Falls, Wisconsin, and a wind farm located in Oklahoma, further diversifying its energy portfolio.

With a history dating back to 1981, Alliant Energy Corporation has evolved significantly over the years, changing its name from Interstate Energy Corp. to Alliant Energy Corporation in May 1999. Headquartered in Madison, Wisconsin, the company is listed on the NASDAQ stock exchange under the ticker symbol LNT and is classified as a common stock with a GICS Sub Industry classification of Electric Utilities. For more information, investors and customers can visit the company's website at https://www.alliantenergy.com, with the company's ISIN identified as US0188021085.