Alliant Energy Corporation · NASDAQ:LNT
Alliant Energy — Q4 2024 Earnings Presentation
11 slides from Alliant Energy's earnings presentation, Feb 21, 2025
Slide 1: Q4 2024 Earnings Call
Q4 2024 Earnings Call February 21, 2025
Slide 2: Cautionary Statements
Cautionary Statements Forward-looking Statements The information regarding forecasted earnings per share, forecasted dividend levels, forecasted effective income tax rates, financing plans and regulatory plans contain forward-looking statements. Actual results could differ materially because the rea
Slide 3: 2024 Accomplishments
2024 Accomplishments Consistency and excellence delivered – advancing generation transformation Consistently Delivering on Financial Metrics Ten-year ongoing earnings compound annual growth rate (CAGR) of 6.3% 21st consecutive year of dividend growth in 2024, ten-year average dividend growth rat
Slide 4: Proposed legislation in Iowa, Wisconsin
Proposed legislation in Iowa, Wisconsin Positions states for accelerated economic development In Iowa: In Wisconsin: Proposed Governor’s Energy Bill benefits Proposed ROFR for Transmission supporting economic development, an all-the-above energy economic development strategy and enhanced customer tr
Slide 5: Alliant Energy Data Center Opportunities
Alliant Energy Data Center Opportunities What’s New - WPL has an agreement in principle for new data center in Beaver Dam, WI 3,500 3,000 Demand in Megawatts (MW) Opportunities 2,500 2,000 IPL and WPL demand 1,500 to be added to plan in Q1 1,000 Load expectation “in plan” 500 IPL demand “in plan” 0
Slide 6: 2024 continues streak of long-term consistent growth
2024 continues streak of long-term consistent growth Ten-year ongoing EPS compounded annual growth rate of 6.3% 2024 Ongoing EPS delivers $3.04 Alliant Energy Ongoing EPS & Dividends $3.04 representing 6.3% CAGR over past 10 years Key drivers over prior year include: + Revenue requirements from ca
Slide 7: Growth in projected 2025 earnings and dividends
Growth in projected 2025 earnings and dividends In-line with targeted 5% to 7% long-term earnings growth 2025 Earnings Drivers: $3.20 • Higher earnings from capital investments 2024 Ongoing EPS • Higher depreciation expense $3.04 • Higher financing costs 2025 EPS Guidance Midpoint 2025 Dividend Targ
Slide 8: 2025 financing plans
2025 financing plans Strong balance sheet supported by increasing cash flows from operations in 2025 ($ in Millions) AE Finance/Parent IPL WPL Long-Term Debt: Issuances Up to $600 Up to $600 N/A ($50) @ 5.50% in July 2025 Maturities ($300) @ variable rate in March 2025 N/A ($250) @ 3.40% in August 2
Slide 9: Key regulatory proceedings in 2025 support growth
Key regulatory proceedings in 2025 support growth Regulatory initiatives focused on customer focused investments Docket Est. Date Iowa Regulatory Proceedings Approval: Electric and Gas • Anticipated commission decision on first Individual Customer Rate filing TF-2025-0007 Q2 2025 Rate Review Settl
Slide 10: Expanding our Competitive Advantage
Expanding our Competitive Advantage Driving sustainable growth and long-term value • Driving affordability and delivering value ‒ Minimizing operational/financial risk through rigorous, disciplined execution • Growth at scale through economic development ‒ Attracting new investments for communities.
Slide 11: Reconciliation Between GAAP and Non-GAAP EPS
Reconciliation Between GAAP and Non-GAAP EPS 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 GAAP EPS from continuing operations $1.69 $1.65 $1.99 $2.19 $2.33 $2.47 $2.63 $2.73 $2.78 $2.69 Non-GAAP adjustments: • Losses from sales of Minnesota distribution assets 0.04 • Voluntary employee separati