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Alliant to sell utility businesses

The companies in question are Interstate Power and Light Co and South Beloit Water, Gas and Electric Co, a subsidiary of Wisconsin Power and Light Co.

The aggregate book capitalisation of the companies, including debt, is around $70 million, said Alliant. They serve a total of 35,000 natural gas and electricity customers in and around Galena, Illinois and South Beloit, Illinois.

Alliant president and chief operating officer Bill Harvey said: “Although we serve relatively few customers in Illi

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