Alliant Energy Corporation is a regulated investor-owned public utility holding company focused on providing electricity and natural gas services in the Midwest. The company's core business model involves generating, transmitting, and distributing electricity, as well as distributing and transporting natural gas to approximately 1,000,000 electric and 425,000 natural gas customers. Alliant Energy operates primarily through its two public utility subsidiaries, Interstate Power and Light Company (IPL) and Wisconsin Power and Light Company (WPL). The company's competitive advantages stem from its established market presence, regulated operations, and focus on delivering reliable and affordable energy solutions. Alliant Energy's key markets are primarily in lowa and Wisconsin. The company also sells electricity to wholesale customers in Minnesota, Illinois, and lowa. The competitive landscape includes other utilities, independent power producers, and alternative energy providers.

• Employees: 3,281 (as of December 31, 2023)
• Geographic Footprint: Primarily lowa and Wisconsin
• Headquarters: Madison, Wisconsin
• Founded: N/A
• Number of locations/facilities: Multiple generating facilities, distribution centers, and administrative offices
• Revenue: $4.027 billion (FY2023)
• Market Capitalization: $13.2 billion (as of June 30, 2023)
• Key Subsidiaries/Brands: Interstate Power and Light Company (IPL), Wisconsin Power and Light Company (WPL), Alliant Energy Finance, LLC (AEF), Corporate Services

• CEO: Lisa M. Barton
• CFO: Robert J. Durian
• Board Chair: John O. Larsen
• Other Key Executives:
  • David A. de Leon (Senior VP)
  • Terry L. Kouba (Senior VP)
  • Mayuri N. Farlinger (Vice President)
  • Raja Sundararajan (Executive VP)
  • Benjamin M. Bilitz (Chief Accounting Officer and Controller)

Lisa M. Barton has served as President and CEO since January 2024. John O. Larsen has served as Executive Chairman and Chairman of the Board since January 2024. Robert J. Durian has served as Executive VP and CFO since February 2020.

• Annual Revenue: $4.027 billion (FY2023)
• Net Income: $703 million
• Market Cap: $13.2 billion (as of June 30, 2023)
• Total Assets: $21.237 billion
• Number of Employees: 3,281 (as of December 31, 2023)
• Key Financial Highlights:
  • Net income attributable to Alliant Energy common shareowners was $703 million in 2023, compared to $686 million in 2022.

Alliant Energy provides regulated electric and natural gas services. Key product and service offerings include:

• Electric Generation: Generation, transmission, and distribution of electricity.
• Natural Gas Distribution: Distribution and transportation of natural gas.
• Steam Services: Generation and distribution of steam (primarily by IPL).

Alliant Energy's operations are divided into three main segments:

• Electric Operations: Generation, transmission, and distribution of electricity.
• Gas Operations: Distribution and transportation of natural gas.
• Other: Includes IPL's steam operations and the unallocated portions of the utility business.

Revenue breakdown by segment is provided in the financial statements. Electric operations represent the largest segment.

Alliant Energy's strategy is focused on delivering affordable, reliable, and sustainable energy solutions. Key strategic initiatives include:

• Transitioning to cleaner energy sources, including solar generation and battery storage.
• Upgrading electric and gas distribution systems for reliability and resiliency.
• Expanding customer-focused investments in renewable energy and energy efficiency.
• Pursuing emerging technologies and safe, sustainable methods of energy production.

The company is also focused on growing customer demand and attracting new customers to its service territories.

Alliant Energy operates in the regulated utility industry. Key market trends affecting the business include:

• Increasing demand for renewable energy and energy storage.
• Evolving environmental regulations and policies.
• Technological advancements in energy production and distribution.
• Economic conditions in its service territories.

Major competitors include other regulated utilities, independent power producers, and alternative energy providers. Specific market share information is not provided in the filing.

• Cybersecurity Risks: Potential disruptions from cyber attacks on operations and information systems.
• Regulatory Risks: Changes in regulations and rate-making processes that could impact profitability.
• Construction Risks: Challenges related to large construction projects, including cost overruns and delays.
• Supply Chain Risks: Disruptions in the supply chain that could impact operations and project timelines.
• Weather Risks: Impact of weather on utility sales volumes and operations.