- Alliant Energy’s Wisconsin Power and Light Company (WPL) subsidiary concludes the $300 million green bond offering.
- Funds are earmarked for developing and acquiring solar electric generating units.
Alliant Energy Corp’s Wisconsin Power and Light Company (WPL) subsidiary has concluded a green bond offering worth $300 million. The proceeds are for developing and acquiring solar electric generating units, showcasing a commitment to sustainable energy solutions.
The bond issuance consists of 5.375% debentures due on March 30, 2034, priced in a public offering. The transaction was finalised on March 7, marking a strategic move towards expanding the renewable energy portfolio.
BofA Securities Inc., Mizuho Securities USA LLC, and Wells Fargo Securities LLC are book-running managers. Siebert Williams Shank & Co LLC and US Bancorp Investments Inc. are co-managers. Alliant Energy oversees WPL and Interstate Power and Light Company. They are serving approximately one million electric and 425,000 natural gas customers.
This green bond issuance underscores the company’s commitment to advancing clean energy solutions and meets evolving customer needs. With the global shift towards renewable energy, Alliant Energy’s investment in solar electric generating units positions them at the forefront of the clean energy transition.