Alliant Energy Corp Sees 2028-2032 Capex Outlook $10B-$14B
Portfolio Pulse from Benzinga Newsdesk
Alliant Energy Corp has projected its capital expenditure (Capex) outlook for the years 2028 to 2032 to be between $10 billion and $14 billion, according to Reuters.
April 10, 2024 | 2:58 pm
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Alliant Energy Corp's projected Capex of $10B-$14B for 2028-2032 indicates significant investment in infrastructure or projects.
The substantial Capex projection suggests Alliant Energy Corp is planning significant investments in its infrastructure or projects, which could lead to improved efficiency, capacity, and potentially, profitability. This outlook is likely to be viewed positively by investors, as it indicates growth and expansion plans. However, the impact on the stock price will also depend on the company's ability to finance these investments without negatively affecting its balance sheet.
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