UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) October 24, 2011
Commission | Name of Registrant, State of Incorporation, | IRS Employer | ||||
File Number |
Address of Principal Executive Offices and Telephone Number |
Identification Number |
||||
1-9894 | ALLIANT ENERGY CORPORATION | 39-1380265 | ||||
(a Wisconsin corporation) | ||||||
4902 N. Biltmore Lane | ||||||
Madison, Wisconsin 53718 | ||||||
Telephone (608)458-3311 |
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 2.02 | Results of Operations and Financial Condition. |
On October 24, 2011, Alliant Energy Corporation (Alliant Energy) issued a press release announcing it will recognize losses in the third quarter of 2011 from the operations of its subsidiary, RMT, Inc. A copy of such press release is furnished as Exhibit 99.1 and is incorporated by reference herein.
The information in this Form 8-K, including Exhibit 99.1 attached hereto, is being furnished under Item 2.02 and shall not be deemed to be filed for purposes of Section 18 of the Securities Exchange Act of 1934 (the Exchange Act), or otherwise subject to the liability of such section.
Item 9.01 | Financial Statements and Exhibits. |
(a) Not applicable. |
(b) Not applicable. |
(c) Not applicable. |
(d) Exhibits. The following exhibits are being furnished herewith: |
(99.1) Alliant Energy Corporation press release dated October 24, 2011. |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
ALLIANT ENERGY CORPORATION
ALLIANT ENERGY CORPORATION | ||||||
Date: October 24, 2011 | By: | /S/ THOMAS L. HANSON | ||||
Thomas L. Hanson | ||||||
Vice President and Chief Financial Officer |
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ALLIANT ENERGY CORPORATION
Exhibit Index to Current Report on Form 8-K
Dated October 24, 2011
Exhibit Number |
||
(99.1) | Alliant Energy Corporation press release dated October 24, 2011. |
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Exhibit 99.1
Alliant Energy Corporate Headquarters 4902 North Biltmore Lane Suite 1000 Madison, WI 53718-2148 www.alliantenergy.com |
News Release
FOR IMMEDIATE RELEASE | Media Contact: Scott Reigstad (608) 458-3145 Investor Relations: Susan Gille (608) 458-3956 |
Alliant Energy announces expected losses from non-regulated business
MADISON, WIOctober 24, 2011Alliant Energy Corporation (NYSE:LNT) (the Company) today announced that it expects to record losses of approximately $0.09 per share in the third quarter of 2011 relating to its RMT, Inc. (RMT) business within non-regulated operations. The losses are largely due to issues RMT is experiencing with one of its solar subcontractors. Schedule delays, abandonment of work by the original subcontractor, and the need to hire another subcontractor to complete the project work have resulted in significant additional costs for RMT. RMT has filed a lawsuit against the subcontractor; however Alliant Energy is currently unable to predict the outcome of this lawsuit and thus, RMT has not recognized any potential benefits from the recovery of damages.
The Company currently believes that these unanticipated losses will not cause the Companys consolidated earnings to fall outside of the 2011 consolidated earnings guidance range issued in December 2010 and updated in May 2011.
Alliant Energy Corporation is the parent company of two public utility companiesInterstate Power and Light Company and Wisconsin Power and Light Companyand of Alliant Energy Resources, LLC, the parent company of Alliant Energys non-regulated operations. Alliant Energy is an energy-services provider with subsidiaries serving approximately 1 million electric and 413,000 natural gas customers. Providing its customers in the Midwest with regulated electricity and natural gas service is the Companys primary focus. Alliant Energy, headquartered in Madison, Wis., is a Fortune 1000 company traded on the New York Stock Exchange under the symbol LNT. For more information, visit the Companys Web site at http://www.alliantenergy.com/index.htm.
This press release includes forward-looking statements. These forward-looking statements can be identified as such because the statements include words such as expects, approximately, believes or other words of similar import. Similarly, statements that describe future performance, plans or strategies are forward-looking statements. Such forward looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, such statements. Actual results could be materially affected by the following factors, among others; project execution for RMT, Inc.; the ability of RMT to mitigate losses due to subcontractor problems; RMTs ability to successfully pursue claims against its subcontractor; RMTs ability to complete projects in a timely manner, IPLs and WPLs ability to obtain adequate and timely rate relief to allow for, among other things, the recovery of operating costs, fuel costs, transmission costs, deferred expenditures, capital expenditures, and remaining costs related to generating units that may be permanently closed, the earning of reasonable rates of return, and the payments to their parent of expected levels of dividends, the state of the economy, weather conditions, and other factors discussed in more detail in the Companys filings with the Securities and Exchange Commission, including Item 1ARisk Factors of the Companys Annual Report on Form 10-K for the fiscal year ended December 31, 2010 . These factors should be considered when evaluating the forward-looking statements and undue reliance should not be placed on such statements. The forward-looking statements included herein are made as of the date hereof and Alliant Energy undertakes no obligation to update publicly such statements to reflect subsequent events or circumstances.
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