Alliant Energy Corporation has filed with the SEC for a common stock offering of up to $1.3 billion. This equity raise is intended to support the company's substantial capital expenditure program, which includes significant investments in generation and grid modernization.
The company's updated 2025-2028 capital expenditure plan, totaling approximately $11.5 billion, anticipates funding primarily from cash flows, new debt, and new common equity issuances. This planned equity issuance is a component of the overall financing strategy to maintain investment-grade credit ratings.
The bulk of the planned common stock issuance, up to $1.3 billion, is expected to occur ratably from 2026-2028, including through its Shareowner Direct Plan and a planned ATM program. This financing move is crucial for funding the company's growth initiatives, particularly those related to serving increasing load from economic development, such as data centers.
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