March 02, 2015 6:55 PM ET

Electric Utilities

Company Overview of Interstate Power and Light Company

Company Overview

Interstate Power and Light Company, a public utility company, is engaged in the generation and distribution of electricity; and the distribution and transportation of natural gas in Iowa and southern Minnesota. The company generates electricity from coal, natural gas, wind, and oil; and purchases electricity from wholesale energy markets. It provides utility services to incorporated communities. The company is also involved in the generation and distribution of steam for customers in Cedar Rapids, Iowa. It supplies electric and gas service to customers primarily in food manufacturing, chemical, and paper industries; municipalities and rural electric cooperatives, as well as electricity and n...

Alliant Energy Tower

Cedar Rapids, IA 52401

United States

Founded in 1925

Phone:

319-786-4411

Key Executives for Interstate Power and Light Company

Chairman and Chief Executive Officer
Age: 54
President
Age: 60
Chief Financial Officer, Senior Vice President and Treasurer
Age: 60
Senior Vice President, General Counsel and Corporate Secretary
Age: 53
Senior Vice President
Age: 50
Compensation as of Fiscal Year 2014.

Interstate Power and Light Company Key Developments

Interstate Power and Light Company Declares Preferred Stock Dividend Payable on March 16, 2015

The Board of Directors of Alliant Energy's Interstate Power and Light Company (IPL), has declared dividends for its preferred stock shareowners of record on February 27, 2015. The dividends, which are payable on March 16, 2015, are $0.31875 per share on the 5.1% Series D Cumulative preferred stock.

Alliant Energy Corporation, Interstate Power and Light Company and Wisconsin Power and Light Company Announces Resignation of David A. Perdue from the Boards

On December 10, 2014, David A. Perdue informed the chairman of the boards of directors of Alliant Energy Corporation, Interstate Power and Light Company and Wisconsin Power and Light Company that he will resign from the boards effective on December 12, 2014. Mr. Perdue is resigning from the boards prior to being sworn in to the United States Senate as a result of United States Senate protocol.

Interstate Power and Light Company Reports Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Interstate Power and Light Company reported unaudited earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported income of $102.5 million or $0.92 per diluted share compared to $110.0 million or $0.99 per diluted share reported a year ago. For the nine months, the company reported income of $164.3 million or $1.48 per diluted share compared to $155.1 million or $1.40 per diluted share reported a year ago.

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Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
 

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