ALLIANT ENERGY CORP
For the period ended Dec 31, 2023. Filed Feb 16, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 16, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
4. Jointly-owned Electric Utility Plant
NOTE 4. JOINTLY-OWNED ELECTRIC UTILITY PLANT
Under joint ownership agreements with other utilities, IPL and WPL have undivided ownership interests in jointly-owned EGUs. Each of the respective owners is responsible for the financing of its portion of the construction costs. IPL’s and WPL’s shares of expenses from jointly-owned EGUs are included in the corresponding operating expenses (e.g., electric production fuel, other operation and maintenance, etc.) in the income statements. Information relative to IPL’s and WPL’s ownership interest in these jointly-owned EGUs at December 31, 2023 was as follows (dollars in millions):
| Ownership | Electric | Accumulated Provision | Construction | |
|---|---|---|---|---|
| Interest % | Plant | for Depreciation | Work in Progress | |
| IPL | ||||
| Ottumwa Unit 1 | 48.0% | $632 | $264 | $7 |
| George Neal Unit 4 | 25.7% | 196 | 107 | 6 |
| George Neal Unit 3 | 28.0% | 181 | 85 | 8 |
| Louisa Unit 1 | 4.0% | 44 | 22 | — |
| 1,053 | 478 | 21 | ||
| WPL | ||||
| Columbia Units 1-2 | 53.5% | 818 | 361 | 6 |
| West Riverside Energy Center and Solar Facility (a) | 73.8% | 581 | 60 | 6 |
| Forward Wind Energy Center | 42.6% | 118 | 53 | — |
| 1,517 | 474 | 12 | ||
| Alliant Energy | $2,570 | $952 | $33 | |
(a)In 2023, Madison Gas and Electric Company and WEC Energy Group, Inc. acquired partial ownership interests in West Riverside. The related proceeds are included in “Proceeds from sales of partial ownership interests in West Riverside” in investing activities in Alliant Energy’s and WPL’s cash flows statements in 2023.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.