Analysis: Alliant Energy Corporation

US:LNT

Why is Alliant Energy Corporation stock rising?

  • New 370 MW Iowa hyperscale data-center agreement, with full load ramp expected by 2030, supported by contracted simple-cycle gas capacity.
  • Accelerated QTS Cedar Rapids load ramp, with initial 300 MW energization expected later in 2026 and higher revenues in 2027-2028.
  • QTS's second Iowa data-center project in Clinton, a 900 MW opportunity, with an individual customer rate filing planned later in 2026.

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