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Alliant Energy Corp. And Subsidiary Outlook Revised To Stable From Positive; 'BBB+' Ratings Affirmed Jan 12 Product Image

Alliant Energy Corp. And Subsidiary Outlook Revised To Stable From Positive; 'BBB+' Ratings Affirmed Jan 12

  • Published: January 2012
  • Standard & Poors

Abstract
Under our base forecast, we project that utility holding company Alliant Energy Corp.'s (Alliant) credit protection measures will weaken due to declining funds from operations because of the loss of bonus depreciation, leading to higher debt levels to fund capital investments. We have revised the rating outlook on Alliant and utility subsidiary Interstate Power & Light Co. (IPL) to stable from positive. In addition, we affirmed our 'BBB+' corporate credit ratings on Alliant and IPL and our 'A-' corporate credit rating on affiliate electric utility Wisconsin Power & Light Co. (WPL). The stable outlook is based on our expectations that management will continue to focus on its core utility operations and reach constructive regulatory outcomes to avoid any meaningful rise...

Companies mentioned in this report are: Alliant Energy Corp.,Wisconsin Power & Light Co.,Interstate Power & Light Co.
Action: Affirmed
Action: Outlook: Stable

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Alliant Energy Corp.,Wisconsin Power & Light Co.,Interstate Power & Light Co.

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