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Alliant Energy: The Real Pressure Point Is Converting 3 Gigawatts Into Durable Growth!

Alliant Energy’s 2025 results showed another year of steady execution against its long-term goals. EPS grew 6%, above the midpoint of guidance and in line with its 10-year average annual EPS growth of 6.3%. The company also extended dividend growth to a 22nd straight year, while total shareholder return exceeded 13%. Overall, performance continued to reflect stable earnings growth supported by capital investment and constructive regulation. The regulatory backdrop remained favorable. In Wisconsin, a unanimous settlement was approved for the 2026 and 2027 rate review. The company also secured approvals for new generation in Iowa and continued filings tied to renewables, advanced ratemaking, and individual customer rates for large data center projects. These outcomes support investment plans while helping preserve stable base rates in Iowa for existing customers. Growth is increasingly tied to data centers in Iowa and Wisconsin.