Utilities - Regulated Electric Industry | Utilities Sector | Mr. Gale E. Klappa CEO | NYSE Exchange | US92939U1060 ISIN |
US Country | 7,000 Employees | 14 Nov 2024 Last Dividend | - Last Split | 26 Oct 1984 IPO Date |
WEC Energy Group, Inc. is an influential energy company that plays a critical role in the United States energy sector by providing a wide array of energy services. With its extensive operations spread across various states including Wisconsin and Illinois, the company has established a significant presence in the regulated natural gas and electricity markets, as well as in the renewable and nonregulated renewable energy segments. Founded in 1896, initially as Wisconsin Energy Corporation, the company underwent a strategic rebranding to WEC Energy Group, Inc. in June 2015, reflecting its expanded vision and operational scope. Operating from its headquarters in Milwaukee, Wisconsin, WEC Energy Group has evolved into an establishment with a comprehensive infrastructure that includes electric transmission systems, and generation facilities utilizing a mix of energy sources from fossil fuels to nuclear and renewables.
The company’s diverse portfolio of energy services underscores its commitment to fulfilling the energy needs of its customers through a balance of traditional and sustainable energy sources. This portfolio includes: