92939UAR7 Filings — Wec Energy Group, Inc. - FilingSpy
92939UAR7
Wec Energy Group, Inc.
Could not find a ticker for this position, may be a filing error
A Midwestern utility holding company that delivers electricity and natural gas to homes and businesses across Wisconsin, Illinois, Michigan, and Minnesota through brands like We Energies, serving everyday customers, towns, and industrial users. Its roots stretch to the Milwaukee Electric Railway and Light Company founded in 1896, and it took its present shape in 2015 when Wisconsin Energy acquired Integrys Energy Group. A beloved local tradition it carries on: the "Cookie Book," a holiday recipe collection first published in 1928 that Wisconsin families still look forward to each year.
WEPCO signs 20-year PPA to buy 86% of Point Beach nuclear plant output from NextEra
Wisconsin Electric Power Company (WEPCO) entered a Power Purchase Agreement with NextEra Energy Point Beach LLC (NEPB) on August 14, 2026.
Show detailsHide details
WEPCO will purchase 86% of capacity, energy, ancillary services, and environmental attributes from both Unit 1 and Unit 2 of the Point Beach Nuclear Power Plant.
The PPA terms are 20 years: Unit 1 from October 6, 2030 to October 5, 2050; Unit 2 from March 9, 2033 to March 8, 2053.
The PPA requires approval by the Public Service Commission of Wisconsin (PSCW); either party may terminate if approval is not obtained by January 1, 2028, extendable to July 1, 2028 under certain conditions.
If approved, the PPA is expected to result in customer savings compared to the current NEPB-WEPCO agreement, which expires October 5, 2030 (Unit 1) and March 8, 2033 (Unit 2).
WEC Energy Group files 8-K with investor presentation slides for upcoming meetings.
The presentation highlights a $37.5 billion 2026-2030 capital plan, supporting 7.0% to 8.0% long-term EPS growth.
Show detailsHide details
WEC Energy Group filed a Form 8-K on August 3, 2026, under Item 7.01 Regulation FD Disclosure, attaching presentation slides (Exhibit 99.1) for upcoming investor meetings.
WEC raised its dividend by 6.7% to an annual rate of $3.81 per share, marking the 23rd consecutive year of dividend increases.
Wisconsin rate reviews filed April 1, 2026, propose base rate increases for 2027 and 2028, with orders expected in Q4 2026.
Illinois rider settlement approved by ICC on May 21, 2026, includes $130 million gross plant reduction and $125 million in cash credits.
The company forecasts adding 3.9 GW of electric demand from 2026-2030, driven by data center projects like Microsoft and Vantage Data Centers.
7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits
WEC Energy Group reports Q2 2026 net income of $299.2M, up from $245.4M year-over-year.
Second-quarter 2026 net income was $299.2 million, or 91 cents per diluted share, compared with $245.4 million, or 76 cents per share, in Q2 2025.
Show detailsHide details
First-half 2026 net income was $1.1 billion, or $3.36 per diluted share, up from $969.6 million, or $3.02 per share, in the prior-year period.
Consolidated revenues for the first half of 2026 totaled $5.5 billion, an increase of $337.3 million from the first half of 2025.
The company reaffirmed its 2026 earnings guidance of $5.51 to $5.61 per share, assuming normal weather for the remainder of the year.
Retail electricity deliveries (excluding iron ore mine and Very Large Customers) were essentially flat in Q2 2026, with weather-normalized deliveries up 1.2%.
2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits
WEC Energy Group files 8-K with investor presentation slides for upcoming meetings.
The presentation highlights a 2026-2030 capital plan of $37.5 billion, supporting 7.0% to 8.0% long-term EPS growth.
Show detailsHide details
WEC Energy Group filed a Form 8-K on June 1, 2026, under Item 7.01 Regulation FD Disclosure, attaching presentation slides (Exhibit 99.1) for upcoming investor meetings.
WEC raised its dividend by 6.7% to an annual rate of $3.81 per share, marking the 23rd consecutive year of dividend increases.
The Wisconsin Very Large Customer (VLC) tariff was approved, with a fixed ROE range of 10.48% to 10.98% and an equity ratio of 57% for customers with 100 MW or more of new load.
The Illinois Commerce Commission approved a settlement resolving 12 open dockets for Peoples Gas and North Shore Gas, including a $130 million gross plant reduction and $125 million in cash credits.
WEC plans to retire over 1,000 miles of older cast and ductile iron pipe in Illinois, with annual investment ramping to $500 million by 2028.
7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits
WEC Energy Group holds 2026 annual meeting; all 12 directors elected, auditor ratified, say-on-pay approved.
At the May 7, 2026 annual meeting, stockholders elected all 12 director nominees to terms expiring in 2027, with each receiving a majority of votes cast.
Show detailsHide details
Stockholders ratified Deloitte & Touche LLP as independent auditors for 2026, with 272,998,864 votes for and 14,173,423 against.
The advisory say-on-pay proposal to approve named executive officer compensation passed with 236,230,392 votes for and 14,371,843 against.
Proposals to eliminate supermajority voting requirements in the Restated Articles of Incorporation and Bylaws were not approved, failing to reach the required supermajority threshold.
A stockholder proposal to govern by majority vote was rejected, with 94,181,325 votes for and 156,193,461 against.
The report was filed under Item 5.07 to disclose the results of the security holder vote.
5.07 Submission of Matters to a Vote of Security Holders
WEC Energy Group files 8-K with investor presentation slides for upcoming meetings.
The filing includes presentation slides (Exhibit 99.1) used at these meetings, covering topics such as financial guidance, capital plans, and regulatory updates.
Show detailsHide details
WEC Energy Group filed a Form 8-K on May 11, 2026, disclosing that representatives will participate in upcoming investor meetings.
The company reported 2026 EPS guidance of $5.51-$5.61 and a dividend raised by 6.7% to an annual rate of $3.81 per share.
WEC announced a $37.5 billion capital plan for 2026-2030, supporting 7.0%-8.0% long-term EPS growth.
The company disclosed proposed rate increases in Wisconsin and Illinois, with orders expected in Q4 2026 for rates effective January 1, 2027.
WEC reported a proposed settlement in Illinois resolving 12 open dockets for approximately $2.3 billion, subject to ICC approval.
7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits
Gale Klappa retires as WEC Energy Group Chairman; restricted stock vesting accelerated
Gale Klappa completed his service as Chairman of the Board on May 7, 2026, upon reaching the applicable retirement age under WEC Energy Group's Corporate Governance Guidelines.
Show detailsHide details
On May 4, 2026, the Compensation Committee approved the acceleration of vesting of approximately 1,616 unvested restricted stock shares awarded to Mr. Klappa, effective May 7, 2026.
The acceleration was granted in recognition of Mr. Klappa's years of service and contributions to WEC Energy Group.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements