September 26, 2016 1:36 AM ET

Electric Utilities

Company Overview of Interstate Power and Light Company

Company Overview

Interstate Power and Light Company, a public utility company, generates and distributes electricity; and distributes and transports natural gas primarily. The company operates through three segments: Electric, Gas, and Other. It generates electricity from coal, natural gas, wind, and oil; and purchases electricity from wholesale energy markets. The company provides utility services to incorporated communities. It is also involved in the generation and distribution of steam for customers in Cedar Rapids, Iowa. The company supplies electric and gas service to retail customers in various industries, such as food manufacturing, chemical, and paper industries in Iowa; and wholesale customers, inc...

Alliant Energy Tower

Cedar Rapids, IA 52401

United States

Founded in 1925

1,687 Employees

Phone:

319-786-4411

Key Executives for Interstate Power and Light Company

Chairman and Chief Executive Officer
Age: 56
President
Age: 62
Chief Financial Officer, Senior Vice President and Treasurer
Age: 62
Chief Accounting Officer, Vice President and Controller
Age: 45
Senior Vice President, General Counsel and Corporate Secretary
Age: 55
Compensation as of Fiscal Year 2016.

Interstate Power and Light Company Key Developments

Interstate Power and Light Company Announces Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2016

Interstate Power and Light Company announced unaudited earnings results for the second quarter and six months ended June 30, 2016. For the quarter, the company reported GAAP earnings per share of $0.14 against $0.07 a year ago. GAAP income was $31.9 million against $16.5 million a year ago. For the six months, the company reported GAAP earnings per share of $0.34 against $0.29 a year ago. GAAP income was $77.5 million against $64.0 million a year ago.

Interstate Power and Light Company Declares Dividend on Series D Cumulative Preferred Stock, Payable on September 15, 2016

The board of directors of Alliant Energy's Iowa utility, Interstate Power and Light Company has declared dividends for its preferred stock shareowners of record on August 31, 2016. The dividends, which are payable on September 15, 2016, of $0.31875 per share on the 5.1% Series D cumulative preferred stock.

Interstate Power and Light Company Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2016; Reaffirms EPS Guidance for 2016

Interstate Power and Light Company reported unaudited consolidated earnings results for the first quarter ended March 31, 2016. For the period the company announced operating revenue of $843.8 million compared to $897.4 million a year ago. Operating income was $145.9 million compared to $152.9 million a year ago. Income from continuing operations before income taxes was $121.8 million compared to $119.7 million a year ago. Net income was $99.1 million compared to $99.2 million a year ago. Net income attributable to Alliant Energy common shareowners was $96.5 million compared to $96.6 million a year ago. Net income per share was $0.85 compared to $0.87 a year ago. Income from continuing operations, net of tax was $100.2 million compared to $99.2 million a year ago. Cash flows from operating activities was $228.3 million compared to $314.7 million a year ago. The company reaffirms EPS guidance for 2016, both before and after giving effect to Alliant Energy's previously announced 2-for-1 stock split. For the period the company reaffirmed Alliant Energy Consolidated EPS to be between $3.60-$3.90 pre-split and $1.80-$1.95 post-split.

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Recent Private Companies Transactions

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Date
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No transactions available in the past 12 months.
 

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