# WEC Energy Group

> WEC Energy Group is a publicly traded utility holding company whose subsidiaries provide electricity and natural gas to approximately 4.8 million customers across Wisconsin, Illinois, Michigan and Minnesota. Its $37.5 billion planned investment for 2026-2030 combines new generation, renewables, storage and network upgrades, with spending and customer charges subject to regulatory oversight.

- **Founded:** 1981
- **Headquarters:** Milwaukee, United States
- **Products:** Electricity generation and distribution, Natural gas delivery, Bluewater Gas Storage, W.E. Power, WEC Infrastructure
- **Notable:** 2022 hydrogen blending demonstration tested up to 25% hydrogen by volume on a grid-connected reciprocating engine., Hydrogen project received a 2023 POWER magazine award and an EPRI Technology Transfer Award., Nearly 2,500 MW of older fossil-fueled generation retired since the beginning of 2018, according to the current transition plan.

## Products & services

- **Electricity generation and distribution** — Regulated electricity service through We Energies, Wisconsin Public Service and Upper Michigan Energy Resources.
- **Natural gas delivery** — Regulated natural gas service through utilities in Wisconsin, Illinois, Michigan and Minnesota.
- **Bluewater Gas Storage** — Natural gas storage and hub services; acquired in 2017.
- **W.E. Power** — Designs, builds and owns power plants leased to We Energies.
- **WEC Infrastructure** — Ownership interests in renewable generating facilities with long-term energy offtake agreements.
- **Wispark** — Real estate development subsidiary.

## Achievements

- 2022 hydrogen blending demonstration tested up to 25% hydrogen by volume on a grid-connected reciprocating engine.
- Hydrogen project received a 2023 POWER magazine award and an EPRI Technology Transfer Award.
- Nearly 2,500 MW of older fossil-fueled generation retired since the beginning of 2018, according to the current transition plan.
- We Energies received J.D. Power’s top Midwest large-electric-utility business-customer satisfaction ranking in 2012.

## Latest updates

- **2026-07** — Reported second-quarter net income of $299.2 million, or $0.91 per share, and first-half operating revenues of $5.4963 billion.
- **2026-05** — Illinois regulators approved settlements providing $125 million in combined customer bill credits and removing $130 million of Peoples Gas infrastructure investment from rate base.
- **2026-02** — Increased the 2026-2030 capital plan from $36.5 billion to $37.5 billion following additional forecast electricity demand.

## Links

- Website: https://www.wecenergygroup.com/
- LinkedIn: https://www.linkedin.com/company/wec-energy-group/
- Twitter/X: https://x.com/WECEnergyGroup
- YouTube: https://www.youtube.com/user/wisconsinenergy
- Facebook: https://www.facebook.com/wecenergygroup/

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Profile page: https://yespress.io/wec-energy-group
Published by YesPress — https://yespress.io
Last updated: 2026-10-22