Alliant Energy records $60M pre-tax impairment on Lansing coal plant regulatory asset

ALLIANT ENERGY CORP

Non-cash pre-tax charge of ~$60M ($45M after-tax, $0.17/diluted share) for Q2 2024.
Impairment related to IPL's Lansing Generating Station regulatory asset, no longer probable to earn return.
Charge triggered by non-unanimous settlement agreement in IPL retail electric rate review with Iowa OCA and IBC.
Settlement agreement subject to Iowa Utilities Board approval; final rates expected later in 2024.

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