Alliant Energy

Alliant Energy

Regulated electric and natural gas utility

Overview

Company Does Not Provide H1B Sponsorship

Alliant Energy is a regulated utility that provides electric and natural gas services to residential, commercial, and industrial customers in the Midwest, mainly Iowa and Wisconsin. It generates, distributes, and sells electricity and natural gas, and also collects service fees for energy distribution and maintenance. The company operates under state and federal regulation to ensure fair pricing and reliable service. It funds renewable energy projects such as wind and solar, runs energy-efficiency programs, and offers financial assistance to low-income customers while supporting local communities. Its approach combines steady regulated operations with ongoing investments in cleaner energy and customer assistance to maintain affordable, reliable service.

About Alliant Energy

Simplify's Rating
Why Alliant Energy is rated
C+
Rated B on Competitive Edge
Rated C on Growth Potential
Rated C on Differentiation

Industries

Energy

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Madison, Wisconsin

Founded

1917

People at Alliant Energy

People at Alliant Energy who can refer or advise you

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Simplify's Take

What believers are saying

  • 370 MW Iowa data center agreement drives long-term revenue growth starting Q1 2026.
  • 94 MW Burlington RICE upgrade approved April 2026 enhances grid reliability for future load.
  • Standardized data center rate framework approved May 2026 protects customers from cost subsidization.

What critics are saying

  • Morgan Valley plant faces likely regulatory rejection in 6–12 months due to excessive GHG emissions.
  • Meta’s $1B data center contract invalidated by PSC ruling eliminating $200M+ projected profits.
  • Riverhawk Energy Center delay until 2031 exposes $150M+ emergency procurement penalties and churn risk.

What makes Alliant Energy unique

  • Alliant balances regulated utility operations with 5 data center agreements totaling 3.4 GW demand.
  • Company leads Midwest renewable ownership as top US wind operator and Wisconsin solar leader.
  • Unique agri-voltaic solar partnership with ISU boosts biodiversity and honeybee yields significantly.

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Funding

Total Funding

$4.1B

Above

Industry Average

Funded Over

9 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Benefits

Health Insurance

401(k) Retirement Plan

401(k) Company Match

Tuition Reimbursement

Paid Vacation

Hybrid Work Options

Wellness Program

Stock Price

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Globe Gazette
Jun 19th, 2026
Public information meetings set for Alliant natural gas pipeline expansion in North Iowa.

Public information meetings set for Alliant natural gas pipeline expansion in North Iowa. * Globe Gazette Staff * 59 mins ago * 0 USA TODAY reporter Kinsey Crowley explored the new presidential library ahead of its grand opening June 19th. Alliant Energy and the Iowa Utilities Commission will host public information meetings on Tuesday, June 23, to discuss a proposal to expand its existing natural gas pipeline in Hancock and Cerro Gordo counties for the proposed Riverhawk Energy Center southwest of Mason City. Related to this story. USA TODAY reporter Kinsey Crowley explored the new presidential library ahead of its grand opening June 19th. If the project is approved by the Iowa Utilities Commission, it could be in operation by 2031.

Iowa Learning Farms
Jun 15th, 2026
Energy + ecology: A new vision growing under solar panels.

Energy + ecology: A new vision growing under solar panels. Building a Culture of Conservation Iowa learning farms. Published by Funded by the Department of Energy in 2024, Iowa State University established a pioneering 10-acre solar farm situated just ten minutes south of campus, in collaboration with Alliant Energy. This dual-purpose facility uses a mix of fixed and mobile solar-tracking panels to generate enough electricity to power approximately 200 homes. Rather than mowing the grass growing beneath the panels the the 'typical' solar farm, this ISU Research Farm site is utilizing the spaces between the panels to learn more about how these sites can be used for honeybee keeping, pollinator conservation, and commercial-scale horticulture crop production. Last week Dr. Michael Killewald, ISU agrivoltaics outreach coordinator, provided an outstanding webinar exploring the first two years of results from the site. With a background in entomology, Dr. Killwald shared that deliberate prairie reconstruction and seeding a nutrient-rich grass and clover mix, the ISU farm witnessed a tenfold increase in flowering plants between 2024 and 2025. This ecosystem restoration offers a stark, biodiverse contrast to standard, heavily mowed commercial solar installations. Graduate researchers tracking honeybees noted substantial improvements in honey yield per colony in 2025, underscoring the agricultural potential of co-locating hives in revitalized solar ecosystems. Be sure to check out the archive of the webinar to learn more about the horticulture crop results and preliminary findings on Japanese beetle population differences between plots. Free tours are offered monthly through their 2026 Open House Series, RSVPs are requested.

SuperHits 102.7
May 14th, 2026
Alliant holds informational meeting about proposed 1200 megawatt power plant facility next to Emery Generating Station.

Alliant holds informational meeting about proposed 1200 megawatt power plant facility next to Emery Generating Station. May 14, 2026 5:30AM CDT CLEAR LAKE - A public information meeting was held in Clear Lake last night by the Iowa Utilities Commission and Alliant Energy about a proposed 1200 megawatt, natural gas-fired combustion turbine power plant facility in southwestern Cerro Gordo County. Alliant says the proposed Riverhawk Energy Center is proposed to be adjacent to the company's existing Emery Generating Station, which has been online since 2004. While some in the room believed the project is tied to some sort of data center project inside the county, Alliant Energy's Interstate Power & Light president May Farlinger says the company needs to address the growing demand for energy across their territory. "We don't build power plants specifically for any one given customer. We are seeing growth on our system. Some of it coming from data centers. Some of it coming from manufacturing. Some coming from existing customers. So we're evaluating all that growth, our system, the needs from a reliability standpoint, and making decisions for future investments based on all those factors and many more." Farlinger says residential customers will not end up paying a lot more for large growth projects such as this. "Those costs are assigned to the customers that are creating the demand. You will only pay for the system growth needed to serve you. Reliability comes first, it always does, and the investments that we're making to ensure a reliable system will be reviewed by the regulators before anything is reflected in the rates that you pay." Alliant assistant vice president of strategic projects Dave Herkert says the proposed center is intended to complement other generation resources in their portfolio to keep reliability in the center and costs as stable as possible. "We have an obligation to serve customers within our service territory. This project is needed to meet project demand and load capacity. With 1200 megawatts of on-demand capacity, Riverhawk strengthens grid resilience and supports reliability during peak demand and extreme weather. Facilities like Riverhawk Energy Center can ramp up and ramp down to support energy needs when the sun isn't shining or the wind isn't blowing." Last night's meeting was the first step for Alliant in the regulatory process for the proposed project. Regulatory review of the project is scheduled to wrap up next year with a potential decision by the Iowa Utilities Commission sometime in 2027. The proposed timeline would see the center go online in 2031. You can see a copy of last night's presentation by clicking at the following link - Riverhawk Energy Center Informational Meeting Recently played. | 1979The Smashing Pumpkins 4:10pm | | 1979The Smashing Pumpkins 4:10pm | | Rock And Roll Never ForgetsBob Seger And The Silver Bullet Band 4:06pm | | Rock And Roll Never ForgetsBob Seger And The Silver Bullet Band 4:06pm | | Owner Of A Lonely HeartYes 4:03pm |

Wisconsin State Journal
Mar 24th, 2026
Tom still: how a dane county tech firm helps to support the Wisconsin economy.

Tom still: how a dane county tech firm helps to support the Wisconsin economy. * 1 hr ago Seven billionaires from Wisconsin appear on Forbes' most recent list of the world's richest people. State regulators ordered Madison-based utility Alliant Energy to release more details about the $1 billion data center project in Beaver Dam.

KGAN CBS 2
Mar 24th, 2026
Proposed Morgan Valley Energy Center south of Highway 30 still in first-step review stage.

Proposed Morgan Valley Energy Center south of Highway 30 still in first-step review stage. by Kaylee Wynne Mon, March 23, 2026 at 10:32 PM CEDAR RAPIDS, Iowa - Representatives from Alliant Energy and the Iowa Utilities Commission met with residents to discuss a proposed power plant in rural Linn County, drawing strong reactions from community members. The proposed Morgan Valley Energy Center would be located south of Highway 30 near Linn-Benton Road. Officials said the meeting marked an early step in the process, with no final decisions made. "Tonight is just the first step," said Joshua Byrnes of the Iowa Utilities Commission. Residents who attended the meeting raised concerns about potential impacts, including safety risks, increased traffic, environmental effects, and noise and light pollution. Some also questioned how the project would be studied and monitored moving forward. "You talk about all the things you're concerned about. What about the residents? What about the people?" one resident said. Others said they want more transparency about existing environmental data and future oversight. The project remains in the early planning stages and must go through multiple levels of approval, including review by the Iowa Utilities Commission and local regulations. Alliant Energy officials said they plan to continue engaging with the public as the proposal develops. You can file an objection, letter of support or provide a comment using the Iowa Utilities Open Docket Comment Form.

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