Capital ExpenditureThe company increased its expected capital expenditure to include peak data center demand, leading to a forecasted capex of $11.5 billion.
Earnings PerformanceLNT reported Q1 EPS of $0.83, surpassing the consensus estimate of $0.70, primarily driven by new rates at IPL and WPL.
Load GrowthLNT emphasized that load growth is not stopping and that it may accelerate, benefiting from the individual customer rate system and its position of long capacity.