$LNT

Iowa Utilities Commission ordered Alliant Energy to reduce gas rates by $2.6M, citing improper charges and unshared savings. Iowa subsidiary Interstate Power and Light Company affected. Over 200,000 customers to see a rate decrease of $0.01886 per therm.

Certain Energy, formerly RFC Power, raised £10M in Series A funding to commercialize its manganese-based flow battery technology. Larsen & Toubro secured a 6 GWh battery storage project in the Middle East. Eos Energy Enterprises plans to consolidate production, cutting costs by 15%. European Energy added 167 MW of battery storage in Europe. ACME Solar secured INR 1,571 crore for a 300 MW solar-plus-storage project. Rongjie Energy signed a 4 GWh supply deal with Lineage. Greenvolt secured €218M f

Jefferies & Co reduced its price target for Alliant Energy from $86 to $80. The company's stock is currently trading at $68.38, down 0.79% on the day and 1.94% over the past year. Alliant Energy recently priced a $500 million senior debentures offering.

Larsen & Toubro (L&T) secured a contract for three Battery Energy Storage System (BESS) projects in the Middle East, valued between Rs 5,000 crore and Rs 10,000 crore. The projects will provide 6 GWh of storage capacity, supporting grid modernization and renewable energy integration. L&T's scope includes developing storage facilities, grid interconnections, and related infrastructure, positioning the company in the growing energy storage sector.

Alliant Energy (LNT) reported customer growth in Q2 2026, with electric and natural gas customers increasing by 0.69% and 0.47% respectively. The company expects 60% load growth by 2031 and plans $13.4B in capital investments through 2029. LNT forecasts 2026 EPS of $3.36-$3.46 and long-term EPS growth of 5-7% through 2029. The stock trades at a premium with a forward P/E of 19.36X.

Alliant Energy's subsidiary, Interstate Power and Light, raised $500M via a debt offering for financing and capital needs. Bloom Energy reported record Q2 2026 revenue of $1.065B, up 166% YoY, and raised its full-year forecast. Atlas Energy aims for 2 GW power portfolio by 2030, starting with a 120 MW agreement. TechnipFMC secured a contract for Angola's West Hub Tails project.

Larsen & Toubro’s L&T Energy Hydrocarbon Offshore (LTEH Offshore) said it secured an “ultra-mega” order from a Middle East client for EPCIC work covering multiple offshore facilities, including engineering, procurement, construction, installation and commissioning. The firm noted fabrication will use its integrated facilities. L&T shares last traded at Rs. 4,076 on BSE.

The U.S. Department of Energy is blocking or stalling billions in grid-reliability grants, according to DOE Alumni Network and other monitors. Alliant Energy withdrew from a $50 million SPARC project after DOE terminated related funding. Sacramento Municipal Utility District reports no reimbursements since October. A consortium awaits $464 million for transmission lines. DOE Alumni Network says 356 awards totaling $12.5B were terminated since Jan 2025.

KCRG reports Cedar Rapids City Council approved buying a First Street property for $130,000 to clear flood protection and park plans tied to a Greenway Parks Plan behind a levee. FEMA certification is said to depend on residents vacating, affecting flood insurance rates. Separately, Alliant Energy received final Iowa DNR permits for the 650 MW Bobcat Energy Center, expected to open in 2029.

Synapse Energy Economics study says Connecticut residential standard service customers of Eversource Energy and The United Illuminating Co. paid $1.8B more than expected from 2016-2025, about $11 per month. It cites a 31% median retail price premium, 13 cents vs 10 cents per kWh. Massachusetts premium was $2.7B, New Hampshire $2.5B.