Alliant Energy Expects 1 GW in New Data Center Contracts Within Six Months
Alliant Energy (LNT) shares rose 2.1% following news that the company anticipates signing approximately 1 GW of new data center demand contracts over the next six months. This potential expansion builds upon the 3.4 GW of capacity the utility has already successfully contracted. The announcement highlights the growing role of utility providers in supporting the massive power requirements driven by the expanding data center and AI infrastructure sectors. If realized, these additional contracts would significantly bolster the company's long-term load growth projections.
Tickers: $LNT