WEC Stock - Wisconsin Energy Corp.

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WEC Profile

WEC Energy Group, Inc., headquartered in Milwaukee, Wisconsin, operates as a prominent provider of regulated natural gas and electricity services across the United States through its subsidiaries. Established in 1981 and formerly known as Wisconsin Energy Corporation, the company rebranded as WEC Energy Group, Inc. in June 2015. WEC Energy Group operates through six distinct segments: Wisconsin, Illinois, Other States, Electric Transmission, Non-Utility Energy Infrastructure, and Corporate and Other.

The company's comprehensive operations include the generation and distribution of electricity sourced from a diversified mix including coal, natural gas, oil, hydroelectric, wind, solar, and biomass. WEC Energy Group also engages in electric transmission services, retail natural gas distribution, natural gas transportation, steam generation, and the sale of both regulated and nonregulated renewable energy. As of December 31, 2021, its infrastructure spanned approximately 35,800 miles of overhead distribution lines, 35,600 miles of underground distribution cables, and extensive natural gas distribution mains and transmission pipelines.

In addition to its utility services, WEC Energy Group is actively involved in energy infrastructure development, maintaining significant capacities in underground natural gas storage fields to ensure reliable supply. Committed to sustainability and innovation, the company continues to expand its renewable energy portfolio while upholding its mission to provide safe, reliable, and affordable energy solutions to its customers and communities served across multiple states.

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