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March 14, 2007 at 15:11 PM EDT
Iowa Firm Named as Owner's Engineer for IP&L Generating Station Project
Stanley Consultants of Muscatine will work on new Marshalltown baseload power plant

CEDAR RAPIDS, Iowa, March 14 /PRNewswire-FirstCall/ -- Alliant Energy - Interstate Power and Light Co. (IP&L), an Alliant Energy Company (NYSE:LNT), and Stanley Consultants of Muscatine, Iowa announced that Stanley Consultants has been selected as the pre-construction owner's engineer for IP&L's proposed new 600 megawatt coal-fired generation facility. IP&L plans to construct the new facility next to the existing Sutherland Generating Station in Marshalltown, Iowa.

(Logo: http://www.newscom.com/cgi-bin/prnh/20020405/LNTLOGO )

Stanley Consultants is recognized nationally as a leader in planning and designing safe, reliable, economical and environmentally responsible generating facilities. They will join IP&L project staff in reviewing engineering work leading up to groundbreaking and assist with the hiring of a contractor to build the generating station. Because Stanley Consultants is an Iowa firm, IP&L will be able to work closely with the firm throughout this initial phase of the project.

"We're extremely pleased to bring Stanley Consultants into the fold on this project," said Tom Aller, president of IP&L. "We've made it clear that this plant is about the economic and business health of our service territory. By selecting an Iowa company as our owner's engineer, we're able to expand the positive impact of this plant on the state's economy."

Design work on the new plant continues and permitting and regulatory approval efforts are just underway. IP&L expects to file for plant certification with the Iowa Utilities Board this summer with an expected groundbreaking in late 2008 or early 2009. IP&L projects commercial operation of the plant in 2013 or 2014.

While Stanley Consultants works on projects across the country, and the world, the company is pleased to be involved in a project that will benefit fellow Iowans. "Stanley Consultants is very excited about the opportunity to work with IP&L in the development of the project," said Walt Jones, senior vice president, power & energy business leader at Stanley Consultants.

Alliant Energy is an energy-services provider with subsidiaries serving approximately 1 million electric and over 420,000 natural gas customers. Providing its customers in the Midwest with regulated electric and natural gas service is the company's primary focus. Interstate Power and Light, the company's Iowa utility subsidiary, serves 538,000 electric and 239,000 natural gas customers. Alliant Energy, headquartered in Madison, Wis., is a Fortune 1000 company traded on the New York Stock Exchange under the symbol LNT. For more information, visit the company's Web site at http://www.alliantenergy.com .

Stanley Consultants, a Stanley Group Company, is a worldwide provider of engineering, environmental and construction services. Since 1913, the company has successfully completed more than 23,000 engagements in all 50 states, U.S. territories and in 98 countries. Stanley Consultants is, and always has been, a member-owned firm. The company maintains offices in 15 domestic and select international locations. Over 1,500 members listen and strive to consistently meet client requirements and exceed client expectations. For more information, visit the company's web site at http://www.stanleyconsultants.com .

This press release includes forward-looking statements. These forward- looking statements can be identified as such because the statements include words such as "plans," "expected," "proposed," "projects," or other words of similar import. Similarly, statements that describe future plans or strategies are also forward-looking statements. Such statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those currently anticipated. Actual results could be affected by such factors as: state regulatory actions or local government actions which delay or prevent the new generation construction, including inability to obtain all necessary approvals and permits; unanticipated construction issues, delays or expenditures; changes to IP&L's access to capital markets; political conditions in IP&L's service territories; current or future litigation, regulatory investigations, proceedings or inquiries that could impede the implementation of IP&L's plans; failure of equipment and technology to perform as expected; and economic conditions in IP&L's service territory. These factors should be considered when evaluating the forward- looking statements and undue reliance should not be placed on such statements. The forward- looking statements included herein are made as of the date hereof and Alliant Energy and IP&L undertake no obligation to update publicly such statements to reflect subsequent events or circumstances.

Source: Alliant Energy

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