Alliant Energy utilities sign DOE-guaranteed loans capped at $1.6B and $3.5B
On October 26, 2026, Wisconsin Power and Light and Interstate Power and Light, both subsidiaries of Alliant Energy, signed loan guarantee agreements with the U.S. Department of Energy and multi-advance term loan facilities through the Federal Financing Bank. The filing caps advances at $1,626,488,000 for WPL and $3,500,000,000 for IPL, to reimburse up to 80% of eligible project costs. The parent company is not a party to these loan documents, and each utility's borrowings are full recourse senior unsecured obligations of that utility.
Key points
- WPL facility cap is $1,626,488,000; IPL facility cap is $3,500,000,000; both agreements dated October 26, 2026.
- Advances reimburse up to 80% of eligible project costs; advances may be requested through September 15, 2033, subject to conditions.
- Final maturity is May 15, 2056; each advance bears the U.S. Treasury rate plus 37.5 basis points.
- Alliant Energy Corporation states it is not a party to, and has no direct obligations under, the loan documents.
The filing
Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.