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Sentiment · FY2026 Q1
What companies say about each other on earnings calls — extracted verbatim from public transcripts. Mentions from the newest quarter are a Pro feature.
“I am pleased to share that we have signed a new electric service agreement for this relocated QTS project, and our four-year consolidated capital expenditure program and investment growth expectations remain on track.”
Data-center operator QTS relocated its project from Wisconsin to Iowa within Alliant's territory and signed a new electric service agreement, preserving Alliant's growth pipeline.
“Our projected peak demand growth by 2030 has increased to an industry-leading 50% through the execution of a fourth electric service agreement with QTS Madison.”
Alliant executed a fourth electric service agreement with data center operator QTS, driving a large increase in projected peak demand and signaling QTS's aggressive data center expansion.
“We signed a new agreement with Google that further accelerates the load ramp in Cedar Rapids, and we continue to cultivate an active pipeline of additional opportunities.”
Alliant signed a new agreement with Google that accelerates data center load ramp in Cedar Rapids, indicating Google is expanding data center capacity in Alliant's territory.
“including approval for the individual customer rate service agreement with Google”
Iowa regulators approved an individual customer rate service agreement with Google, a data center load customer of Alliant Energy.
“Earlier today, QTS Centers, a Blackstone portfolio company, announced a planned $10 billion investment, the largest investment in Cedar Rapids history.”
QTS (a Blackstone-owned data center operator) announced a $10B data center build in Cedar Rapids, Iowa, a major load customer already in Alliant's capital plan, with a second QTS project advancing near Madison, Wisconsin.
“We're in a great position right now, Nick, for 2025 for both of those towards the upper end of the S and P and squarely kind of in the middle of the Moody's range right now.”
Management says Alliant Energy's credit metrics sit squarely in the middle of Moody's target range for its rating.
“We're in a great position right now, Nick, for 2025 for both of those towards the upper end of the S and P and squarely kind of in the middle of the Moody's range right now.”
Management says Alliant Energy's credit metrics sit toward the upper end of S&P's target range for its rating.
“One probably saw the announcement on is QTS.”
QTS is named as one of two new data center customers behind Alliant's ~1.9 gigawatts of committed load at the Big Cedar site in Cedar Rapids, Iowa.
Alliant Energy delivered a decade-long 6.3% EPS CAGR while the QTS Madison data center was relocated from Wisconsin to Iowa, maintaining the 3 GW contracted load with a 2-4 GW additional pipeline intact. Higher O&M and financing costs pressured margins but constructive regulatory outcomes in both states supported the rate base growth trajectory. Management affirmed 2026 EPS guidance of $3.36-$3.46 and the long-term 7%+ CAGR.
Demand | Capex Investment | Regulation Policy | Revenue Growth | Geographic Expansion | Capital Allocation | Guidance Reliability | Supply Chain | |
|---|---|---|---|---|---|---|---|---|
| 2024Q4 | 6 | 7 | 5 | 1 | 3 | 1 | ||
| 2025Q1 | 2 | 3 | 4 | 2 | 1 | 4 | 2 | 1 |
| 2025Q2 | 4 | 4 | 2 | 2 | 2 | 2 | ||
| 2025Q3 | 6 | 1 | 5 | 3 | 2 | 3 | ||
| 2025Q4 | 8 | 3 | 5 | 3 | 1 | 1 | 1 | 1 |
| 2026Q1 | 7 | 7 | 5 | 2 | 2 | 2 | 2 |
| '24Q4 | '25Q1 | '25Q2 | '25Q3 | '25Q4 | '26Q1 | |
|---|---|---|---|---|---|---|
| Demand | 6 | 2 | 4 | 6 | 8 | 7 |
| Capex Investment | 7 | 3 | 4 | 3 | 7 | |
| Regulation Policy | 5 | 4 | 2 | 1 | 5 | 5 |
| Revenue Growth | 1 | 2 | 5 | 3 | 2 | |
| Geographic Expansion | 3 | 1 | 2 | 3 | 1 | 2 |
| Capital Allocation | 1 | 4 | 2 | 2 | 1 | |
| Guidance Reliability | 2 | 2 | 3 | 1 | 2 | |
| Supply Chain | 1 | 1 | 2 |
| Analyst | Firm | Questions (Challenge)Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| Nick Campanella | Barclays | 15 (0%) |
| Andy Weisel | Scotiabank | 11 (0%) |
| Paul Fremont | Ladenburg Thalmann |
| Shar Pourreza | Wells Fargo | 7 (14%) |
| Julien Dumoulin-Smith | Jefferies | 6 (0%) |
| Paul Zimbardo | Jefferies | 6 (0%) |
| Will Appicelli | UBS | 5 (0%) |
| Rinny Singh | Bank of America | 4 (0%) |
| Stephen D'Ambrisi | RBC Capital Markets | 2 (0%) |
| Jim Kennedy | Guggenheim | 2 (0%) |
| Firm | Analysts | Questions (Challenge)Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| Barclays | 1 | 15 (0%) |
| Jefferies | 2 | 12 (0%) |
| Scotiabank | 1 | 11 (0%) |
| Ladenburg Thalmann | 1 | 10 (10%) |
| Wells Fargo | 1 | 7 (14%) |
| UBS | 1 | 5 (0%) |
| Bank of America | 1 | 4 (0%) |
| Wolfe Research | 1 | 2 (0%) |
| Company | Score | Trend | Rev YoY |
|---|---|---|---|
LNT Alliant Energy | 5 | +5.0% | |
| AEE Ameren | 7 | +3.8% | |
| AEP American Electric Power | 5 | +6.8% | |
| CMS CMS Energy | 6 | +11.6% | |
| CNP CenterPoint Energy | 5 | +1.9% | |
| D Dominion Energy | 7 | +23.1% | |
| DTE DTE Energy | 7 | +15.8% | |
| DUK Duke Energy | 8 | +11.3% | |
| ED Consolidated Edison | 6 | +6.2% | |
| EIX Edison International | 6 | +7.7% | |
| ES Eversource Energy | 6 | +9.4% | |
| ETR Entergy | 8 | +12.0% | |
| EVRG Evergy | 7 | +5.5% | |
| EXC Exelon | 6 | +7.9% | |
| FE FirstEnergy | 7 | +11.6% | |
| NEE NextEra Energy | 6 | +7.3% | |
| PCG PG&E Corporation | 8 | +15.0% | |
| PEG Public Service Enterprise Group | 9 | +19.4% | |
| PNW Pinnacle West | 8 | +11.4% | |
| PPL PPL Corporation | 7 | +10.8% | |
| SO Southern Company | 6 | +8.0% | |
| WEC WEC Energy Group | 7 | +9.0% | |
| XEL Xcel Energy | 6 | +2.9% |