Alliant Energy Adds Manu Asthana to Board of Directors
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Alliant Energy ( (LNT) ) has shared an update.
On January 5, 2026, Alliant Energy Corporation and its utility subsidiaries, Interstate Power and Light Company and Wisconsin Power and Light Company, expanded their boards of directors from 10 to 11 members and appointed Manu Asthana, former President and CEO of PJM Interconnection, as a director effective February 23, 2026. Asthana, who led the largest power grid operator in North America from 2020 to 2025 and brings significant experience in financial performance, risk and operations at utility companies, will join the Audit and Operations Committees of each board, stand for election at Alliant Energy’s 2026 annual meeting to serve a term through 2029 if elected, and receive a $300,000 annual retainer for his 2026 board service, signaling a strategic strengthening of governance and operational oversight for the company and its stakeholders.
The most recent analyst rating on (LNT) stock is a Buy with a $75.00 price target. To see the full list of analyst forecasts on Alliant Energy stock, see the LNT Stock Forecast page.
Spark’s Take on LNT Stock
According to Spark, TipRanks’ AI Analyst, LNT is a Outperform.
Alliant Energy’s strong earnings call and solid valuation are the most significant factors contributing to its score. While the company shows robust profitability and growth potential, reliance on debt and cash flow challenges are notable risks. Technical indicators suggest a stable but cautious outlook.
To see Spark’s full report on LNT stock, click here.
More about Alliant Energy
Alliant Energy Corporation operates regulated electric and gas utility businesses through its subsidiaries, Interstate Power and Light Company and Wisconsin Power and Light Company, serving customers in the U.S. Midwest and focusing on reliable power delivery and utility services within its regional markets.
Average Trading Volume: 2,022,475
Technical Sentiment Signal: Strong Buy
Current Market Cap: $16.81B
Find detailed analytics on LNT stock on TipRanks’ Stock Analysis page.
