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Alliant Energy has completed the 200-MW Grant County Solar Project in Potosi, Wisconsin, marking the culmination of its 12 utility-scale solar projects totaling 1,089 MW in the state. The project will generate electricity for over 50,000 homes annually and contribute to powering nearly 300,000 homes with zero-fuel-cost solar energy. This initiative has created over 2,700 jobs and is expected to generate $30 million in new shared revenue for the local community. Additionally, the project includes 350 acres of native pollinator habitat. Alliant Energy plans to develop 275 MW of energy storage to complement its renewable energy efforts and aims for net-zero greenhouse gas emissions by 2050.
Alliant Energy (NASDAQ: LNT) reported first quarter 2024 GAAP earnings per share of $0.62, down from $0.65 in 2023. The company reaffirmed its 2024 earnings guidance range of $2.99 - $3.13 per share. Alliant Energy remains focused on growth and diversifying its energy mix, with the completion of a significant solar project in Wisconsin. The company's utilities and corporate services segment saw lower EPS due to warmer temperatures and higher expenses, partially offset by increased revenue from capital investments. Alliant Energy is committed to long-term growth and strategic priorities.