Back to top

Image: Bigstock

Alliant Energy Corporation

Read MoreHide Full Article

Alliant Energy was added to the S&P 500 list thanks to steady operations and strategic initiatives. The company has plans to invest substantially over the next five years to add natural gas and renewable assets to its generation portfolio. The company will also upgrade some its coal facilities to meet environmental norms and aims to lower carbon emission from its generating plants by 40% in 2030 from 2005 levels.  These positives will help the company to achieve its annual earnings growth between 5–7%. However, fluctuating weather patterns, stringent emission regulation and dependence on third party electric transmission systems are headwinds that can deter growth.

In-Depth Zacks Research for the Tickers Above

Normally $25 each - click below to receive one report FREE:

Alliant Energy Corporation (LNT) - free report >>

Published in