Interstate Power and Light Company
IPLDP
NASDAQ Global Select24.99
USD
-0.02
- -
CIK
0000052485
ISIN
US4610708566
CUSIP
461070856
Return %
Stock
S&P500
1Y
- -
19.25
3Y
- -
65.11
5Y
3.12
72.21
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- John O. Larsen
- Full Time Employees
- 1,176
- Sector
- Utilities
- Industry
- Regulated Electric
- Address
- Alliant Energy Tower Cedar Rapids IA United States of America 52401
- IPO Date
- Mar 14, 2013
- CIK
- 0000052485
- Similar Companies
- Business
- Interstate Power and Light Company (IPL) operates as a public utility primarily engaged in the generation, transmission, and distribution of electricity, as well as the distribution and transportation of natural gas, to approximately 500,000 electric and 230,000 natural gas retail customers in select Iowa markets; it also provides steam services to customers in Cedar Rapids, Iowa, and sells electricity to wholesale customers including municipalities and cooperatives in Iowa, Minnesota, and Illinois. Electric generation sources include coal, natural gas, wind energy, and purchased power from wholesale markets, serving retail customers across industries such as food manufacturing, chemicals including ethanol, paper, farming, agriculture, industrial manufacturing, packaging, research, education, hospitality, and others; gas operations target similar industrial, commercial, and residential segments under regulation by the Iowa Utilities Board utilizing non-exclusive franchises in incorporated communities. Founded in 1925 and headquartered in Cedar Rapids, Iowa, IPL functions as a wholly owned subsidiary of Alliant Energy Corporation, with operations spanning Iowa and limited wholesale activities in adjacent states. Recent developments include multiple debt offerings in 2025, such as a $600 million 5.600% senior debentures issuance due 2035 in May to retire maturing debt and support general corporate purposes, a $300 million 5.600% senior debentures issuance due 2055 in September to reduce receivables program capital, commercial paper, or for other uses, alongside parent-level advancements like completion of 1,500 megawatts of solar investments in 2024 boosting renewables to over 40% of 2025-2028 capital expenditures, securing 3 gigawatts of data center contracts by mid-2025, and economic development initiatives including Cedar Rapids' largest-ever investment announcement.
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