A Brief History of Alliant Energy Corporation (LNT)

Alliant Energy Corporation, known by its ticker symbol LNT, is a public utility holding company based in Madison, Wisconsin. Its history is deeply rooted in the regional development of energy resources and services in the Midwest United States.

The company's origins trace back to the early 20th century when various utility companies were established to provide essential energy services to growing communities. Over the decades, these companies evolved through mergers, acquisitions, and regulatory changes, eventually forming what is today known as Alliant Energy.

• The genesis of Alliant Energy can be traced back to the foundation of Interstate Power Company in 1917. It was one of the initial entities that would later be part of Alliant Energy.

• Wisconsin Power and Light Company (WPL), another predecessor of Alliant Energy, was founded, serving as a significant regional utility provider in Wisconsin.

• During the energy sector's consolidation era, Wisconsin Power and Light merged with IES Industries and Interstate Power Company, forming a more robust and competitive entity.

• These mergers culminated in the creation of Alliant Energy Corporation. Officially formed in 1998, Alliant Energy brought together several regional utilities under a single corporate umbrella.

• Throughout the 2000s, Alliant Energy expanded its services and invested heavily in renewable energy projects, including wind farms and solar initiatives, aligning with evolving energy market dynamics and environmental concerns.

• In the 2010s, Alliant Energy continued to focus on sustainability, modernizing its infrastructure, and improving energy efficiency. The company made significant strides in reducing its carbon footprint and promoting cleaner energy sources.

Today, Alliant Energy is a major player in the U.S. utility sector, serving approximately 970,000 electric customers and 420,000 natural gas customers across Iowa and Wisconsin. The company remains committed to providing safe, reliable, and sustainable energy solutions to the communities it serves.

Who Owns Alliant Energy Corporation (LNT)

Alliant Energy Corporation (LNT) is a publicly traded utility holding company that provides regulated electric and natural gas services to customers in the Midwest United States. The ownership structure of Alliant Energy Corporation is diverse, consisting of various institutional investors, mutual funds, and individual shareholders. Here are some key details about the ownership:

• Institutional Investors: A significant portion of Alliant Energy's shares are held by institutional investors such as mutual funds, pension funds, and insurance companies. These institutions often hold large blocks of shares and can exert considerable influence over the company's policies and decisions.
• Mutual Funds: Various mutual funds also hold substantial positions in Alliant Energy. These funds pool money from multiple investors to buy large quantities of stock, providing individual investors with exposure to a diversified portfolio.
• Individual Shareholders: Individual investors, including company employees and private citizens, own a portion of Alliant Energy's stock. While these shareholders may not possess the same level of influence as large institutional investors, their collective stake is still significant.
• Board of Directors and Executives: Members of Alliant Energy’s Board of Directors and its executive team also hold shares in the company. This ownership aligns their interests with those of the shareholders, fostering a sense of responsibility and commitment to the company's success.

Overall, the ownership of Alliant Energy Corporation is characterized by a mix of institutional and individual investors, ensuring a broad and diversified shareholder base.

Alliant Energy Corporation (LNT) Mission Statement

Alliant Energy Corporation (LNT) is dedicated to delivering energy solutions and exceptional service to its customers. The company's mission statement, while succinct, serves as a comprehensive guide for its operations and strategic initiatives. Below are the key components highlighted within the mission statement:

• Deliver Energy Solutions - Alliant Energy aims to provide innovative and reliable energy solutions that meet the evolving needs of its customers.
• Exceptional Service - A commitment to delivering outstanding service is at the heart of Alliant Energy’s mission, ensuring customer satisfaction and trust.
• Community Focus - The mission underscores a strong emphasis on being an active and supportive member of the communities it serves.
• Sustainability - Alliant Energy is focused on providing clean and sustainable energy, reinforcing its commitment to environmental stewardship and future generations.
• Employee Engagement - The company values its employees and emphasizes fostering a positive and inclusive workplace.

How Alliant Energy Corporation (LNT) Works

Alliant Energy Corporation (LNT) is a publicly traded utility holding company that provides regulated electric and natural gas service. The company operates primarily in the United States, with its main subsidiaries being Interstate Power and Light Company (IPL) and Wisconsin Power and Light Company (WPL).

Here are some key aspects of how Alliant Energy Corporation functions:

• Generation of Electricity: Alliant Energy generates electricity through a mix of sources, including coal, natural gas, wind, and solar power. The company is progressively investing in renewable energy projects to reduce its carbon footprint and meet sustainability goals.
• Distribution of Electricity: The company operates an extensive network of transmission and distribution lines that deliver electricity to residential, commercial, and industrial customers. Advanced grid technology ensures reliable delivery and efficient management of power supply.
• Natural Gas Services: Alliant Energy provides natural gas services, including the procurement, storage, and distribution of natural gas to households and businesses. The company ensures the safe and reliable delivery of natural gas through its well-maintained infrastructure.
• Customer Service: The company places a strong emphasis on customer satisfaction, offering various services such as energy efficiency programs, online account management, and responsive customer support. They also provide tailored plans to meet the diverse needs of their customer base.
• Community Involvement: Alliant Energy contributes to community development through philanthropic efforts, including grants, scholarships, and volunteer programs. The company aims to foster strong relationships with the communities it serves.
• Regulatory Compliance: As a regulated utility, Alliant Energy adheres to guidelines set by state and federal agencies. The company works closely with regulators to ensure compliance with environmental standards, safety protocols, and tariff structures.
• Financial Performance: Alliant Energy focuses on financial stability and growth, delivering consistent returns to shareholders. The company invests in infrastructure improvements, technology upgrades, and strategic acquisitions to enhance its service offerings and operational efficiency.

By balancing environmentally responsible practices with reliable service and strong community engagement, Alliant Energy Corporation aims to deliver sustainable energy solutions while achieving long-term business growth.

How Alliant Energy Corporation (LNT) Makes Money

Alliant Energy Corporation, traded on the NASDAQ under the ticker symbol LNT, is a public utility holding company that serves customers in the Midwest, primarily in Iowa and Wisconsin. The company makes money through several primary revenue streams:

• Electricity Generation and Distribution: One of Alliant Energy’s core businesses is generating and distributing electricity to residential, commercial, and industrial customers. The company owns and operates several power plants, including those fueled by natural gas, coal, and renewable energy sources such as wind and solar. Revenue is generated through the sale of electricity, which is often regulated by state utility commissions.
• Natural Gas Distribution: Alliant Energy also provides natural gas services to its customers. The company purchases natural gas supplies and distributes them through its pipeline network to end-users. Revenue is derived from the sale of natural gas, which includes a regulated rate that covers the cost of the gas and the expenses of maintaining the distribution infrastructure.
• Renewable Energy Projects: As part of its commitment to sustainability, Alliant Energy invests in renewable energy projects. This includes wind farms and solar installations that not only provide a cleaner energy source but also offer additional revenue streams through the sale of renewable energy credits (RECs) and various government incentives.
• Infrastructure Investments: Alliant Energy continuously invests in upgrading and maintaining its infrastructure. These capital investments often lead to regulatory approval for rate increases, enabling the company to recover its costs and earn a return on investment. Such projects may include modernization of the electric grid, expansion of renewable energy capacity, and improvements in natural gas pipelines.
• Customer Programs and Services: Alliant Energy offers various programs and services designed to enhance customer satisfaction and promote energy efficiency. These might include energy audits, rebate programs for energy-efficient appliances, and demand response programs. While these services are often subsidized or incentivized by government programs, they also create opportunities for additional revenue.

Overall, Alliant Energy Corporation leverages its diversified portfolio of energy generation sources and customer services to build a robust and sustainable business model. Through regulated utility operations, renewable energy investments, and customer-focused programs, the company effectively generates revenue and ensures steady financial performance.