Wisconsin Power exercises option to purchase Riverside Energy Center
Wisconsin Power and Light Company, a subsidiary of Alliant Energy Corporation (LNT), has exercised its option to purchase Riverside Energy Center, LLC, which owns the Riverside Energy Center, from Calpine Corporation (CPN). WPL expects to close this purchase by December 31, 2012. The Public Service Commission of Wisconsin approved the approximately $392M purchase last month. The purchase is subject to approval from the Federal Energy Regulatory Commission and under the Hart-Scott-Rodino Act. :theflyonthewall.com
Alliant Energy upgraded to Outperform from Neutral at RW Baird
Baird upgraded shares based on relative underperformance and positive long-term sector outlook. Price target raised to $49 from $44. :theflyonthewall.com
Subscribe for More Information
