Report
Andrew Bischof
EUR 100.00 For Business Accounts Only

Alliant Energy continues its march toward renewable energy development.

We are reaffirming our $38 value estimate after Alliant Energy reported second-quarter operating earnings per share of $0.43, up from $0.41 in the same year-ago period. Management reaffirmed 2018 EPS guidance of $2.04-$2.18, consistent with our expectations. 
During the quarter, Alliant entered into an agreement to amend its power purchase agreement with the nuclear Duane Arnold Energy Center. The agreement ends the PPA five years early, in December 2020, with a one-time $110 million payment. Al...
Underlying
Alliant Energy Corp

Alliant Energy is a public utility holding company, engaged in providing regulated electric and natural gas service. The company's subsidiaries are: Interstate Power and Light Company, which is engaged principally in the generation and distribution of electricity and the distribution and transportation of natural gas to retail customers in select markets in Iowa; Wisconsin Power and Light Company, which is engaged principally in the generation and distribution of electricity and the distribution and transportation of natural gas to retail customers in select markets in Wisconsin; and Alliant Energy Finance, LLC, which manages a portfolio of wholly-owned subsidiaries and additional holdings.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Andrew Bischof

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch