Alliant Energy to use KWI

Wisconsin-based energy services provider Alliant Energy is to implement trading and risk management tools provided by Houston-based software firm KWI.

The company's three regulated utility subsidiaries supplying electric, natural gas, water and steam services to customers in Illinois, Iowa, Minnesota and Wisconsin will all use KWI's flagship kW3000 product for front-to-back office management of trading, scheduling and generation assets. Alliant Energy also has operations in Australia, Brazil, China, Mexico and New Zealand.

"We continue to look for new, better ways to meet each customer's energy needs while building enhanced value for both our customers and shareholders," said Alliant Energy chief executive Erroll Davis. "We expect kW3000 to help us make best use of our generation portfolio, allowing us to leverage new opportunities while effectively managing risk in the electricity market," he added.

Turbulence in the US energy markets has seen a number of energy services providers ramp up their risk management capabilities. KWI sold kW3000 to another Wisconsin energy firm, WPS Energy Services, in late July.

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