The company said it plans to develop and/or acquire energy resources over the next 6 years to meet growing customer energy demand, including about 2,800 MW of new natural gas resources, about 1,300 MW of new energy storage and about 1,300 MW of new renewable generation.

10-QQuarterly reportFiled Oct 30, 2026Period of report Sep 30, 2026Summary published (UTC) Oct 30, 2026

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The company said it plans to develop and/or acquire energy resources over the next 6 years to meet growing customer energy demand, including about 2,800 MW of new natural gas resources, about 1,300 MW of new energy storage and about 1,300 MW of new renewable generation.
The company said IPL entered into an electric service agreement with a data center customer that includes contracted peak demand of about 370 MW in April 2026. It also said WPL filed an application with the PSCW in September 2026 for approval of a large load tariff for customers with demand of 100 MW or more. The proposed tariff requires an initial service term of 15 years.
The company said IPL and WPL entered into loan guarantee agreements with the DOE in October 2026. The DOE may guarantee borrowings of up to $3.5 billion and $1.6 billion, respectively, subject to meeting applicable conditions. It said there were no borrowings to date. The company also said it expects to physically settle up to $650 million of outstanding forward sale agreements for the remainder of 2026.
The company announced a 5% increase in its targeted 2027 annual common stock dividend to $2.25 per share, or $0.5625 per quarter, beginning with the February 2027 dividend payment. It said the timing and amount of future dividends are subject to approval of quarterly dividend declarations by its Board of Directors.

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Analysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

Plans to Develop or Acquire 6-Year Natural Gas, Storage and Renewable Resources

The company said it plans to develop and/or acquire energy resources over the next 6 years to meet growing customer energy demand, including about 2,800 MW of new natural gas resources, about 1,300 MW of new energy storage and about 1,300 MW of new renewable generation.

Source · Based on the MD&A text of the filing

Data Center Power Agreement and Large Load Tariff Filing

The company said IPL entered into an electric service agreement with a data center customer that includes contracted peak demand of about 370 MW in April 2026. It also said WPL filed an application with the PSCW in September 2026 for approval of a large load tariff for customers with demand of 100 MW or more. The proposed tariff requires an initial service term of 15 years.

Source · Based on the MD&A text of the filing

DOE Loan Guarantee Agreements and Forward Stock Sale Settlement Plans

The company said IPL and WPL entered into loan guarantee agreements with the DOE in October 2026. The DOE may guarantee borrowings of up to $3.5 billion and $1.6 billion, respectively, subject to meeting applicable conditions. It said there were no borrowings to date. The company also said it expects to physically settle up to $650 million of outstanding forward sale agreements for the remainder of 2026.

Source · Based on the MD&A text of the filing

2027 Targeted Dividend Up 5%

The company announced a 5% increase in its targeted 2027 annual common stock dividend to $2.25 per share, or $0.5625 per quarter, beginning with the February 2027 dividend payment. It said the timing and amount of future dividends are subject to approval of quarterly dividend declarations by its Board of Directors.

Source · Based on the MD&A text of the filing

Structured SEC financial data for this filing is not available yet. Please check the figures in the SEC filing.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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