Alliant ($LNT) podcast mentions
The Des Moines Register reports Alliant Energy says it has secured the final permit needed to build a new natural gas power plant near an existing facility in Marshalltown. The utility said Bobcat Energy Center will be available to come online quickly when electricity demand nears its peak. The plant is expected to become operational in 2029.
Speaker D · BPC Streaming Network · E41 | Buc-ee’s, Alliant Energy, Dubuque development | Business Record Iowa News Headlines · 2026-08-19Radio Iowa reports a $500,000 federal grant will help the city of Dubuque redevelop industrial sites along the Mississippi River. Dubuque is among the latest recipients of an EPA Brownfields cleanup grant. Sites the funding will help redevelop include a shuttered Alliant Energy coal plant and a former coffin factory. Mayor Brad Cavanagh said a longtime partnership between the EPA and the city has helped revitalize Dubuque's historic mill district in Northport. The Ivy College—
Speaker D · BPC Streaming Network · E41 | Buc-ee’s, Alliant Energy, Dubuque development | Business Record Iowa News Headlines · 2026-08-19The Des Moines Register reports Alliant Energy says it has secured the final permit needed to build a new natural gas power plant near an existing facility in Marshalltown. The utility said Bobcat Energy Center will be available to come online quickly when electricity demand nears its peak. The plant is expected to become operational in 2029.
Chris Konetsky · Business Record Iowa News Headlines · E41 | Buc-ee’s, Alliant Energy, Dubuque development | Business Record Iowa News Headlines · 2026-08-19Radio Iowa reports a $500,000 federal grant will help the city of Dubuque redevelop industrial sites along the Mississippi River. Dubuque is among the latest recipients of an EPA Brownfields cleanup grant. Sites the funding will help redevelop include a shuttered Alliant Energy coal plant and a former coffin factory. Mayor Brad Cavanagh said a longtime partnership between the EPA and the city has helped revitalize Dubuque's historic mill district in Northport. The Ivy College—
Chris Konetsky · Business Record Iowa News Headlines · E41 | Buc-ee’s, Alliant Energy, Dubuque development | Business Record Iowa News Headlines · 2026-08-19Alliant Energy Q2 2026. So a slight miss on the bottom line. JAP earnings per share came in at $0.65, which misses consensus estimates by a couple of pennies and is down from $0.68 a year ago.
Speaker A · Daily Market Download · Alliant Energy Second Quarter 2026 Earnings Report (LNT) · 2026-08-01Exactly. And the stock traded relatively flat on the news. I mean, it's digesting a quarter that looks a little messy on the surface but masks a massive structural pivot. So if you're tuning in, you are joining a deep dive into Alliant Energy's Q2 earnings report and their underlying financial disclosures. We're looking at an apparent paradox here.
Speaker A · Daily Market Download · Alliant Energy Second Quarter 2026 Earnings Report (LNT) · 2026-08-01Yeah. The most critical data point in this entire earnings presentation isn't the Q2 variance. It is the demand forecast. I mean, Alliant is projecting a roughly 60% increase in customer demand by 2031 compared to 2025 levels.
Speaker A · Daily Market Download · Alliant Energy Second Quarter 2026 Earnings Report (LNT) · 2026-08-01Oh, for sure. We also see QTS Data Centers amending their agreements to accelerate their load ramp in both Cedar Rapids and Clinton, Iowa. And Alliant just announced a newly signed electric service agreement for another 370 megawatts in Iowa, scheduled to reach full ramp by the end of 2030.
Speaker A · Daily Market Download · Alliant Energy Second Quarter 2026 Earnings Report (LNT) · 2026-08-01Literally. Funding that expansion requires a monumental capital expenditure plan. Alliant has outlined a $13.4 billion CapEx program running from 2026 through 2029.
Speaker A · Daily Market Download · Alliant Energy Second Quarter 2026 Earnings Report (LNT) · 2026-08-01I mean, dilution risk is the primary headwind for any high-growth utility thesis, but Alliant determined they need to raise approximately $2.4 billion in equity to support that $13.4 billion CapEx plan. However, they have structurally de-risked the execution of this raise.
Speaker B · Daily Market Download · Alliant Energy Second Quarter 2026 Earnings Report (LNT) · 2026-08-01Exactly. And that allows Alliant to lock in their cost of equity based on current valuations. It completely neutralizes the risk of a market downturn over the next 2 years.
Speaker B · Daily Market Download · Alliant Energy Second Quarter 2026 Earnings Report (LNT) · 2026-08-01To meet that 3.4 gigawatts of baseload demand, Alliant is leaning heavily into natural gas to ensure grid reliability. They have dockets pending for the 720-megawatt Morgan Valley Energy Center and the roughly 1,200-megawatt Riverhawk Energy Center. Both are huge natural gas facilities, and both require Certificates of Public Convenience and Necessity from state regulators. We're expecting decisions on these dockets in early to mid-2027.
Speaker B · Daily Market Download · Alliant Energy Second Quarter 2026 Earnings Report (LNT) · 2026-08-01Exactly. And underlying all of this infrastructure buildout is cancellation risk. Alliant is planning to deploy $13.4 billion, largely based on the projections of the AI and cloud computing sectors. The contracts with Meta, Google, and QTS are robust, but if the broader macroeconomic environment forces a contraction in tech spending—
Speaker A · Daily Market Download · Alliant Energy Second Quarter 2026 Earnings Report (LNT) · 2026-08-01So to summarize what we found today, the Q2 print showed a minor EPS miss driven by front-loaded O&M and some transient weather impacts. but the underlying rate base growth remains firmly intact. The core thesis here rests on a projected 60% load growth by 2031, demanding 3.4 gigawatts of new capacity primarily for big tech data centers. Alliant is answering this demand with a $13.4 billion CapEx plan, having proactively neutralized near-term dilution risk by locking in $1.8 billion in ATM forward equity contracts. However, the realization of this growth is entirely contingent on navigating state-level approvals for massive natural gas facilities, federal FERC decisions on grid funding, and global supply chain tariff risks.
Speaker A · Daily Market Download · Alliant Energy Second Quarter 2026 Earnings Report (LNT) · 2026-08-01On the latter, what you just said, tightly integrated ecosystems make this much better. When we— when I talk about IPP and IPL and those things that we're doing, it's all geared toward our scanners, okay? And being able to read how that— it's not an STL file, I mean really read the code that comes off that scanner. We can do things much more quickly, much more predictable, And then when you, when you have that entire, what we call Alliant Oral Healthcare Suite, right? We, the diagnostics piece, you can help to explain to your patients. We have a thing called Smile Video, right? Where you scan your patient and show them how they look when they're talking, right? You can always see your bottom teeth out when you do that. And so this whole, the platform all fits together all the way down to being able to do clin checks and approvals. Automatically as much as possible, all feeds off of that system, that ecosystem.
Speaker B · Dentistry Uncensored with Howard Farran · Joseph Hogan, CEO of Align Technology : Dentistry Uncensored w/ Howard Farran #1720 · 2026-07-29