Alliant Energy Rides on Renewable Expansion & Strategic Investments
Alliant Energy Corporation LNT continues to benefit from its initiative to further strengthen the infrastructure, retire coal-fired units and add clean assets. Alliant Energy’s long-term investment should further strengthen its infrastructure, and returns from regulated assets should provide earnings visibility.
However, this Zacks Rank #3 (Hold) company faces risks related to its dependence on third-party assets for transmission activities.
Factors That Support LNT
The ongoing economic development in Alliant Energy’s service territories and an increasing customer base are also creating fresh demand for utility services and boosting its performance….
