LNT · 10-Q · 2026Q3 · Full report

DOE Loan Guarantee Financing

ALLIANT ENERGY CORP · 2026-10-30 · Importance 64 · Surprise 42

In October 2026, IPL and WPL entered into loan guarantee agreements with the U.S. Department of Energy. The DOE may guarantee borrowings of up to $3.5 billion for IPL and $1.6 billion for WPL, subject to applicable conditions and requirements. The financing is intended to support eligible energy infrastructure projects and could provide lower-cost financing for customers; no borrowings had been made under the agreements.

Key facts

• In October 2026, IPL and WPL entered DOE loan guarantee agreements under which the DOE may guarantee borrowings of up to $3.5 billion and $1.6 billion, respectively.
• In October 2026, IPL and WPL each entered into a DOE loan guarantee agreement; the DOE may guarantee borrowings of up to $3.5 billion for IPL and $1.6 billion for WPL, subject to applicable conditions and requirements.
• No amounts had been borrowed under IPL’s and WPL’s DOE loan guarantee agreements as of the filing.