World2 sources

DOE loans Alliant Energy $5.1 billion for Iowa and Wisconsin energy projects

  • Alliant Energy Corporation has secured a $5.1 billion loan from the U.S. Department of Energy.
  • The loan will fund power generation and energy storage projects in Iowa and Wisconsin.
  • The projects aim to add more than 2.6 gigawatts of power generation capacity.
  • The loan is intended to strengthen grid reliability in Iowa and Wisconsin.
  • The funding is part of a broader effort to enhance energy infrastructure in the two states.