December 15, 2004—Alliant Energy Corp. announced that it has completed the sale of substantially all of the major contracts held by its energy management services business to WPS Energy Services, Inc., a subsidiary of WPS Resources Corp. of Green Bay, Wis.
The energy management services business had offices in Wisconsin, Minnesota and Florida, and was part of Alliant Energy Resources, Inc.s (AER) Integrated Services Co. (ISCO) business platform. AER is the parent company of Alliant Energys non-regulated businesses. The terms of the sale were not disclosed.
Citing continued efforts to narrow its strategic focus to primarily domestic utility operations, Alliant Energy announced in July its plans to divest certain ISCO businesses, including its energy management services business, its energy services business (Cogenex Corp.), and NG Energy Trading, which was sold on Sept. 1, 2004.
For more information, contact Alliant Energy.
