ALLIANT ENERGY ANNOUNCES FIRST-QUARTER 2025 RESULTS

Alliant Energy Corporation has announced earnings per share for the three months ended March 31 as follow:

• First quarter GAAP earnings per share were $0.83 in 2025, compared to $0.62 in 2024.

• Reaffirming 2025 earnings guidance range of $3.15 - $3.25 per share.

• Updated forecasted 2025 - 2028 capital expenditures of $11.5 billion in aggregate.

MGE ENERGY REPORTS FIRST-QUARTER 2025 EARNINGS

MGE Energy's earnings for the first quarter of 2025 were $41.6 million, or $1.14 per share, compared to $33.8 million, or $0.93 per share, for the same period in the prior year. Rate-base investment growth and weather impacts drove first-quarter results. MGE continues to invest in new, cost effective renewable generation, which is helping to fuel the company's asset growth. An increase in electric investments included in rate-base contributed to increased electric earnings for 2025. Darien solar project in Rock and Walworth counties became operational in March 2025, serving MGE electric customers with cost-effective, carbon-free energy.

MGE owns 25 MW of solar capacity from the Darien Solar Project. Gas retail sales saw a significant increase of 19 percent in the first quarter of 2025, while electric retail sales rose by three percent. These changes occurred against a backdrop of relatively normal weather in the first quarter of 2025, compared to the milder conditions observed in the first quarter of 2024.

WEC ENERGY GROUP REPORTS FIRST-QUARTER RESULTS

WEC Energy Group has reported net income of $724.2 million, or $2.27 per share, for the first quarter of 2025. This compares to earnings of $622.3 million, or $1.97 per share, for last year's first quarter.

Consolidated revenues totaled $3.1 billion, up $469.3 million from the first quarter a year ago. For the quarter, natural gas deliveries in Wisconsin — excluding natural gas used for power generation — rose by 15.5 percent compared to the first quarter of 2024. On a weather normal basis, these natural gas deliveries were 0.5 percent lower. Retail deliveries of electricity — excluding the iron ore mine in Michigan’s Upper Peninsula — were up by 2.9 percent in the first quarter of 2025, compared to the first quarter last year. Electricity consumption by small commercial and industrial customers was 2.1 percent higher. Electricity use by large commercial and industrial customers — excluding the iron ore mine — increased by 1.1 percent. Residential electricity use rose by 5.5 percent.

XCEL ENERGY BOARD DECLARES DIVIDEND ON COMMON STOCK

The Board of Directors of Xcel Energy has declared a quarterly dividend on its common stock of 57 cents per share. The dividends are payable July 20, 2025, to shareholders of record on June 13, 2025.