MILWAUKEE , June 25, 2025 /PRNewswire/ -- We Energies announced today that the company plans to extend the operating lives of units 7 and 8 at the Oak Creek Power Plant, and expects to have the units available to meet high energy demand periods through the end of 2026. The plant was scheduled to retire at the end of 2025.
Alliant and WEC Energy are major Midwest utilities with overlapping service areas. Both provide electric and gas service, and both are reliable dividend payers with similar valuation profiles. WEC has been providing steadier growth through a diversified, phased capital plan that's focused on renewables. Alliant may offer faster potential earnings growth going forward, driven by large contracted...
MILWAUKEE , June 5, 2025 /PRNewswire/ -- WEC Energy Group, Inc. (NYSE: WEC) today announced the pricing of $775,000,000 in aggregate principal amount of its 3.375% convertible senior notes due 2028 (the "convertible notes") in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The offering was upsized f...
MILWAUKEE , June 5, 2025 /PRNewswire/ -- WEC Energy Group, Inc. (NYSE: WEC) today announced that it intends to offer, subject to market and other conditions, $700,000,000 in aggregate principal amount of its convertible senior notes due 2028 (the "convertible notes") in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "...
MILWAUKEE , May 8, 2025 /PRNewswire/ -- At WEC Energy Group's (NYSE: WEC) annual meeting of stockholders today, Gale Klappa, chairman of the board, and Scott Lauber, president and CEO, highlighted another strong year on virtually every meaningful measure — from customer satisfaction, to financial performance, to steady execution of the company's capital plan. They also emphasized that it was a ...
WEC Energy Group, Inc. (NYSE:WEC ) Q1 2025 Earnings Conference Call May 6, 2025 2:00 PM ET Company Participants Scott Lauber - President and CEO Xia Liu - CFO Conference Call Participants Brian Russo - Jefferies Andrew Weisel - Scotiabank Jeremy Tonet - JPMorgan Anthony Crowdell - Mizuho Michael Sullivan - Wolfe Research Carly Davenport - Goldman Sachs Durgesh Chopra - Evercore ISI Operator Goo...
WEC Energy reported a first-quarter profit on Tuesday that rose 16.4% on the back of increased power consumption by residential, industrial and commercial customers.
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