LNT » Topics » Investing Activities -

This excerpt taken from the LNT 10-Q filed May 1, 2008.

Investing Activities -

First Quarter 2008 vs. First Quarter 2007 - Alliant Energy’s cash flows used for investing activities increased $71 million primarily due to $52 million of proceeds from the sale of IPL’s and WPL’s Illinois properties in the first quarter of 2007 and construction expenditures related to WPL’s Cedar Ridge wind farm during the first quarter of 2008. These increases were partially offset by $24 million of expenditures for emission allowances at IPL in the first quarter of 2007.

 

IPL’s cash flows used for investing activities increased $2 million primarily due to $28 million of proceeds from the sale of its Illinois properties in the first quarter of 2007, substantially offset by $24 million of expenditures for emission allowances in the first quarter of 2007.

 

WPL’s cash flows used for investing activities increased $46 million primarily due to construction expenditures for its Cedar Ridge wind farm during the first quarter of 2008 and $24 million of proceeds from the sale of its Illinois properties in the first quarter of 2007.

 

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