Alliant Energy Corporation: This Utility Company May Energize Your Portfolio

Alliant Energy is rated a buy due to stable utility operations and growing demand from new data centers in its service area. LNT’s 23-year consecutive dividend growth and current 3.29% yield offer defensive portfolio value amid steady energy demand. A four-year $13.4 billion CAPEX plan positions LNT to meet a projected 50% load increase by 2031 from data center projects. Approval to power Meta’s Wisconsin data center, plus Google and QTS projects, underpins forward revenue and net income growth.

Energy is one of the most important resources in our modern economy. As data centers are being built, they need reliable and dependable energy. As an investor, I like to invest in companies that are important to a well-functioning