WEC Energy Group Inc is a publicly listed firm that supplies and generates electric energy.
It operates as a natural gas and electric public holding company. The energy company owns and operates natural gas generation facilities, electricity distribution and transmission lines and other power generation systems.
The American energy company reportedly caters to a diverse group of customers in Illinois, Michigan, Wisconsin and Minnesota. It claims to be one of the largest electricity generation, distribution, and natural gas suppliers in the United States. The diversified holding firm reportedly serves more than 4.6 million customers.
The company’s energy generation and distribution portfolio consist of the following combined assets:
• 51400 miles of transmission lines and natural gas distribution
• 71000 miles of electricity distribution cables
• A total power capacity of 7700 megawatts
The company claims to be among the Fortune 500 companies. In addition, it focuses on health and safety across its diversified business operations, including reducing injuries and incidents and achieving zero accidental rates.
The energy company also focuses on environment protection and sustainability under which it aims to reduce carbon emissions and focus on Environmental, Social and Government (ESG) criteria.
The energy holding firm claims to be a member of the American Gas Association (AGA) and Edison Electric Institute (EEI).
WEC Energy or Wisconsin Energy reportedly contributed donated US$20 million for various community programs in 2020, including health and human service, neighborhood and community development, and environment.
The energy company was incorporated in Wisconsin in 1981 and transitioned to a diversified holding company in 1986. In June 2015, the company acquired Integrys and rebranded itself as WEC Energy Group, Inc.
The energy holding company, through its subsidiaries, invests or provides regulated electricity, natural gas and renewable energy. In addition, it also deals in supplying nonregulated renewable energy in its area of operations. Apart from Integrys Energy Group, other subsidiaries include We Energies Foundation, WEC Business Services LLC, WEC Acquisition Corp, Wisconsin Gas Co, Wispark LLC, ATC Holdings LLC, Minergy LLC, Blue, Bluewater gas holdings LLC and WEC Power LLC.
231 W. Michigan St. Milwaukee, WI 53203 414-221-2345