Alliant Energy Corp (NYSE:LNT)

CAPS Rating: 3 out of 5

An investor-owned public utility holding company, whose primary subsidiaries are Interstate Power and Light Company, Wisconsin Power and Light Company, Alliant Energy Resources, Inc. and Alliant Energy Corporate Services, Inc..

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Player Avatar TheGrtGdOM (53.70) Submitted: 7/29/2007 7:42:46 PM : Outperform Start Price: $27.45 LNT Score: +60.51

Alliant has been developing capability to use biomass for cogeneration with coal for electricity generation. They are positioned in Iowa where large portions of land are coming off of government funded set asides but which arre poorly arable for row crops. As our government implents some sort of carbon cap or tax (inevitable) they have this as a cheap and easy way to comply giving them credits to trade or tax to avoid. Much cheaper than carbon sequestration or other renewbles. Plus I expect that plug-in hybrids are the next wave and charging them in off-peak hours will furtheer increase profits.

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