Alliant Energy Corporation · NASDAQ:LNT
Alliant Energy — Q1 2024 Earnings Presentation
10 slides from Alliant Energy's earnings presentation, May 3, 2024
Slide 1: Alliant Energy Corporation Q1 2024 Earnings Call
Alliant Energy Corporation Q1 2024 Earnings Call May 3, 2024
Slide 2: Cautionary Statements
Cautionary Statements Forward-looking Statements The information regarding forecasted earnings per share, forecasted effective income tax rates, financing plans, and regulatory plans contain forward-looking statements. Actual results could differ materially because the realization of those results i
Slide 3: Alliant Energy: Proven Success
Alliant Energy: Proven Success Unlocking Growth, Reliability & Customer Value Constructive Consistent financial Low risk of regulatory track record catastrophic environments 14 consecutive years of achieving 5% to 7% earnings growth events In the states we operate Strong Balance Sheet Over 3 GW of N
Slide 4: Generating 1 Gigawatt of solar energy
Generating 1 Gigawatt of solar energy Alliant Energy largest owner-operator of solar in Wisconsin 4 2024 Q1 Earnings Call
Slide 5: Building stronger communities in business-friendly states
Building stronger communities in business-friendly states Recent economic development announcements include diverse customers, load growth Why Iowa & Wisconsin are attractive to businesses: • Top tier clean energy & reliability • Economically strong • Skilled workforce • Enabling incentive rate stru
Slide 6: New legislation in Iowa, Wisconsin
New legislation in Iowa, Wisconsin Positions states for accelerated economic development In Iowa: In Wisconsin: Major Economic Growth New technologies Sales and use tax Electric vehicle bill Attraction Program (energy storage & exemption for data gets more fast chargers provides incentives to nuclea
Slide 7: Financial Highlights: Q1 2024 Results
Financial Highlights: Q1 2024 Results Q1 2024 earnings $0.62 – includes ($0.08) per share temperature impact on retail sales Q1 2023 to Q1 2024 GAAP EPS Variances: Q1 2023 GAAP earnings per share $0.65 Revenue requirements from capital investments at WPL 0.11 Estimated temperature impact on retail e
Slide 8: 2024 Financing Plans
2024 Financing Plans Completed $300M WPL green bond issuance, renewed $300M term loan in Q1 2024 ($ in Millions) AE Finance/Parent IPL WPL Long-Term Debt: Remaining Completed Remaining Completed Issuances Up to $400 Term Loan issued in Up to $700 $300 Green Bond March 2024: issued in March $300 @ va
Slide 9: Ongoing Regulatory Proceedings
Ongoing Regulatory Proceedings 2024 regulatory initiatives focused on customer focused investments and IA rate review Wisconsin Recent Activity Regulatory Progress in WI Approval: Construction authority for Solar costs deferral 2023 Electric Fuel Riverside Additional Flexible, capacity & efficienc
Slide 10: Iowa Rate Review – Procedural Schedule
Iowa Rate Review – Procedural Schedule Investing in a diverse energy mix and modernizing the energy grid to deliver a more reliable, sustainable, resilient and secure energy future 5/14 IPL Rebuttal Testimony 5/28 Surrebuttal Testimony 6/18 Joint Statement of Issues 6/18 Settlement Deadline 7/9-12 H