Alliant Energy’s Iowa utility is moving forward with its New Wind Project, which will bring up to 500 megawatts of new wind generation to Iowa. That’s enough to power 215,000 homes.
Alliant Energy is currently working with landowners in Franklin County near its existing Whispering Willow Wind Farm, as well as exploring opportunities to develop in other areas of the state. Construction could start as soon as next year. Alliant Energy expects to place 250 megawatts in service in 2019 and the rest in 2020.
“The New Wind Project will benefit our customers, our communities and the state,” said Doug Kopp, president of Alliant Energy’s Iowa utility. “The wind turbines will generate clean, cost-effective energy for customers. They also create tax revenue for communities, and bring construction jobs and economic growth to the state, making this a win-win project.”
On October 25, the Iowa Utilities Board issued a final order regarding the New Wind Project. The order approves, with limited modifications, the settlement between Alliant Energy and customer groups, which was filed on October 12, 2016.
The New Wind Project will help the company economically meet its customers’ energy need, by maximizing the value of renewable energy tax credits and taking advantage of favorable wind turbine pricing.
“We want to thank our community partners in Franklin County. We also want to thank the Iowa Utilities Board for its work and the organizations that came together to advance this application toward approval. They include the Office of Consumer Advocate, the Iowa Business Energy Coalition, the Large Energy Group, the Iowa Environmental Council and the Environmental Law and Policy Center,” said Kopp. “Through our work together, we are helping to advance clean energy while providing low-cost, reliable energy solutions to our customers.” More information is available at www.alliantenergy.com/whisperingwillow
Media Contact:
Justin Foss,
(319) 786-4788
Investor Contact:
Susan Trapp Gille,
(608) 458-3956
Alliant Energy Corporation’s Iowa utility subsidiary, Interstate Power and Light Company (IPL), utilizes the trade name of Alliant Energy. The Iowa utility is based in Cedar Rapids, Iowa, and provides electric service to 490,000 customers and natural gas service to 225,000 customers. The employees of Alliant Energy focus on delivering the energy solutions and exceptional service their customers and communities expect – safely, efficiently and responsibly. Alliant Energy Corporation is traded on the New York Stock Exchange under the symbol LNT and is a component of the S&P 500. For more information, visit www.alliantenergy.com