Area Utility Alliant Energy Reports Loss

By: Madison, WI - AP
By: Madison, WI - AP

Alliant Energy has a $13 million loss during the second quarter. That compares with a net income of $32 million during the same period last year.

The Madison utility said the average loss was 12 cents per share, compared with earnings of 35 cents per share a year ago.

Alliant president Bill Harvey says they aren't satisfied with the second-quarter results from its non-regulated businesses and will continue to streamline their portfolio.

Alliant Energy's utility companies serve customers in Illinois, Iowa, Minnesota and Wisconsin.

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