NasdaqGS:LNTElectric Utilities
Should New Credit Facility and Meta AI Data Center Deal Require Action From Alliant Energy (LNT) Investors?
Earlier this month, Alliant Energy entered into a US$400 million term loan credit agreement, with the option for an additional US$100 million, to fund general corporate purposes and debt refinancing under covenants that cap its consolidated debt-to-capital ratio at 65% and restrict certain liens.
At the same time, fresh bullish analyst coverage highlighting regulatory advantages and a new power supply contract for Meta’s AI-focused data center in Wisconsin have sharpened attention on how...