Strong Earnings Growth
Alliant Energy reported second quarter 2025 ongoing earnings of $0.68 per share compared to $0.57 per share in the second quarter of 2024, reflecting a strong performance driven by capital investment programs and higher electric and gas sales.
Significant Data Center Investments
Announced physical construction of three large-scale data centers in Iowa and Wisconsin, including a $10 billion investment by QTS Centers in Cedar Rapids—the largest in Cedar Rapids history. This is expected to drive transformational growth in the communities served.
Reaffirmation of Earnings Guidance
Reaffirmed 2025 earnings guidance range of $3.15 to $3.25 per share and a long-term annual earnings growth target of 5% to 7%.
Successful Financing and Capital Investments
Issued $575 million of convertible senior notes and $600 million of senior debentures with strong investor interest. Raised approximately $175 million of new common equity.
Regulatory Approvals and Progress
Received several regulatory approvals in Iowa and Wisconsin for projects including new natural gas facilities and energy storage, demonstrating strong execution capabilities.