Alliant Energy Corporation · NASDAQ:LNT
Alliant Energy — Q2 2023 Earnings Presentation
9 slides from Alliant Energy's earnings presentation, Aug 4, 2023
Slide 1: Alliant Energy Corporation 2023 Second Quarter Earnings Call
Alliant Energy Corporation 2023 Second Quarter Earnings Call August 4, 2023
Slide 2: Cautionary Statements
Cautionary Statements Forward-looking Statements The information regarding key regulatory initiatives, terms of the non-unanimous settlement agreement, forecasted earnings per share, forecasted effective income tax rates, financing plans, and regulatory plans contain forward- looking statements. Act
Slide 3: 2023 Corporate Responsibility Report
2023 Corporate Responsibility Report Sustainability and our values in action • Partnerships with UW-Madison • Educating the public on downed and Iowa State University for power line and work zones to Agrivoltaics research prevent harm • Investing and advancing • Revised injury case management techno
Slide 4: Key Regulatory Initiatives
Key Regulatory Initiatives 2023 regulatory initiative progress on customer focused investments Recent Approval: PSCW approved request for WPL’s 175 MW of battery energy storage at Wood and Grant county solar sites (6680-CE-182) Customer Focused Investments - Regulatory Progress: Customer Investm
Slide 5: Advance Ratemaking Principles Settlement
Advance Ratemaking Principles Settlement Docket RPU-2021-0003 Summary of Non-Unanimous Settlement Agreement Settling Parties Interstate Power and Light Company and the Office of Consumer Advocate, a division of the Department of Justice Projects Included 400 MW of solar (Duane Arnold I and II, Crest
Slide 6: Financial Highlights: Q2 2023 Results
Financial Highlights: Q2 2023 Results Solid quarterly results and reaffirming full year guidance Q2 2023 Results: $0.64 GAAP EPS GAAP EPS Q2 2022 to Q2 2023 GAAP EPS Variances: Q2 2022 GAAP earnings per share $0.63 $0.64 Revenue requirements and higher AFUDC from WPL capital investments 0.06 WPL ele
Slide 7: Tax Benefit Recognition Timing
Tax Benefit Recognition Timing Tax benefits result in quarterly variances, with no impact to full-year earnings Income tax expense is recorded each quarter based on an estimated annual effective tax rate and the proportion of full year earnings generated each quarter, which causes fluctuations in th
Slide 8: 2023 Financing Plans
2023 Financing Plans Completed $76M of equity issuances through 1H 2023 ($ in Millions) AEC/Parent WPL IPL Long-Term Debt: Issuances Convertible Note issued Green Bond issued Expected to be in March 2023: in March 2023: issued: $575 @ 3.875% $300 @ 4.950% Up to $300 Maturities ($400) in June 2023 -
Slide 9: Key Regulatory Initiatives
Key Regulatory Initiatives 2023 regulatory initiatives focused on rate proceedings Rate Proceedings In Progress: WPL – 2022 Electric Fuel Reconciliation (6680-FR-2022) – Expect decision in Q3 2023 WPL – Electric and Gas rate review Test Years 2024-2025 (6680-UR-124) – Expect decision in Q4 2023