Report
Andrew Bischof, CFA
EUR 147.86 For Business Accounts Only

Management Meeting: Alliant Energy Management Sees Strong Renewable Investment Opportunities

We are reaffirming our $34 fair value estimate, narrow moat and stable moat trend ratings for Alliant Energy after meeting with the company's senior management at the Edison Electric Institute Financial Conference in Phoenix, Arizona. Management reaffirmed its long-term 5% to 7% growth target, consistent with our 6.8% estimate.
Management will be well positioned for growth after completing the company's two main generation projects, the 700-megawatt Riverside combined-cycle natural gas plant at ...
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, CFA

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