$LNT

Analysts Sophie Karp (KeyBanc) and Marie Ferguson (Argus Research) maintained Hold ratings on Portland GE (POR) and Alliant Energy (LNT). POR has a $55.60 avg. target (17.7% upside), LNT has a $78.33 avg. target. Both stocks closed near recent levels.

Alliant Energy (LNT) reaffirmed its 2026 EPS guidance and highlighted long-term grid projects to meet rising electricity demand by 2031. The stock has declined 5.0% in the past week and 18.1% over 90 days, but shows long-term gains of 45.7% over 3 years and 33.1% over 5 years. Analysts estimate a fair value of $78.04, compared to its last close of $63.31, suggesting a potential undervaluation.

Larsen & Toubro (L&T) shares rose 1.05% to Rs. 3870.20 on the BSE. Its subsidiary, L&T Semiconductor Technologies, launched 40 products at SEMICON India 2026, focusing on semiconductor capabilities for national security, digital sovereignty, and energy resilience. The portfolio includes a Silicon Carbide (SiC) product platform and a BLDC motor controller designed in India.

Alliant Energy, a Wisconsin utility, proposed a standard electric rate for large data centers, including Meta's $1B project, to avoid passing costs to existing ratepayers. The plan, filed Sept. 4, requires 15-year service agreements and full cost coverage by tech companies. The Public Service Commission ordered this after approving Alliant's individual contract with Meta in May, citing transparency concerns. Alliant's plan follows a similar proposal by We Energies and aims to limit ratepayer exp

The U.S. Court of Appeals overturned a DOE order to keep the J.H. Campbell coal plant in Michigan open, potentially saving Wisconsin ratepayers $117 million. The plant's operator, Consumers Energy, spent $295 million to keep it running. The DOE argued closure could cause electricity shortages. The court ruled the DOE lacked authority to force the plant's operation. Wisconsin ratepayers still owe over $1 billion in costs for retired coal plants.

Iowa Environmental Council's 2026 report shows coal's share of Iowa's electricity generation increased in 2025, reversing progress toward renewable energy goals. MidAmerican Energy and Alliant Energy, the state's top utilities, saw higher coal usage. Both companies defend their strategies, citing reliability and affordability. The report highlights health and financial risks from coal emissions, urging a carbon-free electricity sector by 2035.

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.