The company’s net income and EPS for the third quarter were $119.6 million and $1.08, respectively, compared to $78.8 million and $0.67 for the same period in 2006.
William Harvey, chairman, president and CEO of Alliant Energy, said: Our company produced solid financial results in the third quarter. With one quarter remaining in 2007, we have narrowed our annual earnings guidance to a range that we believe represents another year of strong financial performance. One of the key accomplishments this quarter was the completion of our $400 million common stock repurchase program, made possible by our significant focus on attaining a healthy financial profile.
We also continued to build upon our strong renewable portfolio, as the quarter marked the beginning of construction on the 68MW Cedar Ridge wind farm in Wisconsin, which we expect to begin commercial operation in 2008.
