8-KItem 1.01 · Material AgreementItem 2.03 · Financial ObligationItem 9.01 · Financial Statements
Alliant Energy Subsidiaries Enter DOE-Backed Credit Facilities Up to $5.1 Billion
Filed with the SEC on · Summarized by InvestorsBot
Alliant Energy subsidiaries Wisconsin Power and Light and Interstate Power and Light entered loan guarantee and credit facility agreements with the U.S. Department of Energy and Federal Financing Bank, allowing them to borrow up to $1.63 billion and $3.5 billion, respectively, for eligible energy infrastructure projects through September 2033. Borrowings would mature by 2056 and carry interest at the applicable U.S. Treasury rate plus 37.5 basis points; the facilities are obligations of the subsidiaries, and Alliant Energy has no direct obligations under the agreements.