Alliant Energy Announces $1 Billion Wind Project to Advance Clean Energy

Project supports Iowa’s vision for growing renewable energy

Iowans will soon see a significant increase in clean, economical wind generation from Alliant Energy.

On July 27, 2016, Alliant Energy CEO Pat Kampling and Iowa Governor Terry Branstad announced that Alliant will invest approximately $1 billion to expand wind energy operations in the state.

“Our customers expect low-cost, clean energy, which is exactly what this project will bring to the communities we serve,” said Doug Kopp, President of Alliant Energy’s Iowa utility. “Wind has no fuel costs and zero emissions, making it a win-win for Iowans and the Iowa economy.”

Alliant’s Iowa utility is seeking regulatory approval to expand its Whispering Willow Wind Farm in Franklin County and possibly develop wind energy in other areas of the state. The five-year project will add up to 500 megawatts of clean energy, which is necessary to economically meet customer needs. Alliant is seeking approval now to maximize the value of renewable energy tax credits to benefit customers.

 

The new wind project is part of Alliant’s vision for a clean energy future. From 2005 to 2030, Alliant Energy is targeting a 40% reduction in carbon dioxide emissions. In addition, the project will generate tens of millions of dollars in property taxes, and result in more than 1,500 jobs at the height of construction – boosting Iowa’s economy while supporting customers seeking to use more renewable energy.

 

UNIQUE COLLABORATION ADVANCES SOLAR ENERGY IN DUBUQUE

Alliant Energy’s Iowa utility is pursuing two solar energy sites with the city of Dubuque, the Greater Dubuque Development Corporation and A.Y. McDonald Mfg. Co. The first site is a former foundry near downtown owned by A.Y. McDonald Mfg. Co. The second site is planned for the city’s newly acquired land near the Dubuque Industrial Center West.

ALLIANT VICE PRESIDENT AND TREASURER JOHN KRATCHMER TO RETIRE

Alliant Energy Corporation Vice President and Treasurer, John Kratchmer, has announced his intent to retire from the company. Alliant Energy has named Robert Durian as Treasurer, effective July 1, 2016. Kratchmer will stay on with the company in an advisory capacity during a transition period. Robert’s new title will be Vice President, Chief Accounting Officer and Treasurer. He has been Vice President, Chief Accounting Officer and Controller since 2015. He is currently responsible for financial reporting, accounting, asset management and strategic planning. Robert is a CPA and holds a bachelor’s degree in accounting from the University of Northern Iowa and an MBA from the University of Wisconsin – Madison.

New Alliant Bucket Trucks Feature Quiet, Green Power

The technology in Alliant’s newest trucks brings benefits everyone can see and hear.  Automatically, the truck’s engine will shut off, letting a battery power the boom and bucket. This means the engine isn’t burning fuel or creating emissions, and it is much quieter. “The battery-powered boom makes it easier to hear and communicate with your coworkers as you work.” said Brad Hoeper, a Monroe line mechanic. “It’s safer for us, plus it’s quieter when we’re working in neighborhoods. It’s less of a disturbance, especially at night.” Battery technology has evolved significantly in recent years. Those advancements mean the crews can use the battery powered boom an entire day before needing to recharge. The truck is duel fuel so in an emergency, if the battery is not charged, the truck’s engine can still power the system. “This equipment also helps keep the truck’s cab warm in the winter and cool in the summer, without having to run the engine,” said Greg Genin, senior manager of fleet services. “By using the hybrid system to run both the boom and maintain cab temperature, it significantly reduces the truck idle time which has a favorable impact on the environment.”

ALLIANT ENERGY BELOIT PROJECT MEANS INVESTMENT AND JOBS

Alliant Energy has received PSC approval to build its Riverside Energy Center expansion located near Beloit, Wisconsin.

President and CEO. Patricia Kampling said, “This highly efficient generating station will modernize our generating
operations and further our transition to cleaner energy sources.” The project is scheduled to break ground this fall,
with construction ramping up in the spring of 2017. It is expected to create more than 1,000 construction jobs and
will support local suppliers and businesses throughout the state and region. The approximately $700 million investment will be one of the largest economic development projects in Wisconsin.

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