|06/28/18||WEC Energy Group announces agreement to acquire 80 percent ownership in Bishop Hill III Wind Energy Center|
|MILWAUKEE, June 28, 2018 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today announced an agreement to acquire an 80 percent ownership interest in the Bishop Hill III Wind Energy Center located in Henry County, Illinois.
Bishop Hill III Wind Energy Center was developed by Invenergy and placed into service in May 2018. The project has a 22-year offtake agreement with WPPI Energy for 100 percent of the energy produced. WPPI Energy, based in Sun Prairie, Wisconsin, is a not-for-profit company th... |
|06/05/18||WEC Energy Group honored with EEI's 2018 Emergency Assistance Award for Puerto Rico Power Restoration following Hurricane Maria|
|SAN DIEGO, June 5, 2018 /PRNewswire/ -- The Edison Electric Institute (EEI) today presented WEC Energy Group with the association's special 2018 Emergency Assistance Award for its contributions to the emergency power restoration mission in Puerto Rico following Hurricane Maria. The devastating Category 4 hurricane made landfall in Puerto Rico on Sept. 20, 2017, impacting all critical infrastructure, damaging at least 80 percent of the island's energy grid, and leaving all island residents withou... |
|05/03/18||Klappa cites milestones in financial performance, network reliability, and infrastructure improvements at annual meeting|
|Also notes stronger earnings, exceptional shareholder returns
MILWAUKEE, May 3, 2018 /PRNewswire/ -- At WEC Energy Group's (NYSE: WEC) annual meeting of stockholders today, Chairman and Chief Executive Gale Klappa described 2017 as "another year of progress," pointing to significant achievements in financial performance, network reliability, infrastructure upgrades and a reshaping of its generation fleet.
Klappa cited the following 2017 highlights:
WEC Energy G... |
|05/01/18||WEC Energy Group posts first-quarter results|
|Reaffirms earnings guidance of $3.26 to $3.30 per share, with an expectation of reaching the top end of the range
MILWAUKEE, May 1, 2018 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) recorded net income of $390.1 million, or $1.23 per share, for the first quarter of 2018 – up from $356.6 million, or $1.12 per share, for the first quarter of 2017.
Consolidated revenues totaled $2.3 billion for the first quarter of 2018, level with last year's first quarter.
"The solid results we posted fo... |
|04/24/18||WEC Energy Group announces 2018 first-quarter earnings news release and conference call information|
|MILWAUKEE, April 24, 2018 /PRNewswire/ -- WEC Energy Group Inc. (NYSE: WEC) will issue its 2018 first-quarter earnings news release before the stock market opens Tuesday, May 1. A conference call for security analysts is scheduled for the same day at 1 p.m. Central time.
To listen to webcast
Go to wecenergygroup.com. Select '1st quarter earnings' and then select 'Webcast' at any point within 15 minutes of the start of the call, which begins at 1 p.m. Central... |
|04/19/18||WEC Energy Group declares quarterly dividend|
|MILWAUKEE, April 19, 2018 /PRNewswire/ -- The board of directors of WEC Energy Group (NYSE: WEC) today declared a quarterly cash dividend of 55.25 cents per share on the company's common stock.
The dividend is payable June 1, 2018, to stockholders of record on May 14, 2018. This marks the 303rd consecutive quarter – dating back to 1942 – that the company will have paid a dividend to its stockholders.
WEC Energy Group (NYSE: WEC), based in Milwaukee, is one of the nation's premier energy... |
|03/14/18||WEC Energy Group recognized nationally for research and development|
|Several employees honored with prestigious awards from Electric Power Research Institute
MILWAUKEE, March 14, 2018 /PRNewswire/ -- Several WEC Energy Group employees recently received Technology Transfer Awards from the Electric Power Research Institute (EPRI) for their achievements in research and development. The majority of the group was honored for an innovative project to prevent bat fatalities at We Energies' Blue Sky Green Field Wind Energy Center.
|01/31/18||WEC Energy Group posts strong 2017 results|
|- We Energies named America's most reliable electric utility
- Introducing 2018 earnings guidance of $3.26 - $3.30 per share
MILWAUKEE, Jan. 31, 2018 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) recorded net income based on generally accepted accounting principles (GAAP) of $1.20 billion or $3.79 per share for 2017. This compares to earnings of $939 million or $2.96 per share for 2016.
The 2017 results include earnings from recurring operations of $3.14 per share and the net impact of o... |
|01/24/18||WEC Energy Group announces date for 2017 earnings results and conference call|
|MILWAUKEE, Jan. 24, 2018 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) will issue its 2017 fourth-quarter and full-year earnings news release before the stock market opens Wednesday, Jan. 31. A conference call for security analysts is scheduled for the same day at 1 p.m. Central time.
To listen to webcast
Go to wecenergygroup.com. Select '4th quarter and full-year earnings' and then select 'Webcast' at any point within 15 minutes of the start of the call, whi... |
|01/18/18||WEC Energy Group raises quarterly dividend|
|MILWAUKEE, Jan. 18, 2018 /PRNewswire/ -- The board of directors of WEC Energy Group (NYSE: WEC) today declared a quarterly cash dividend of 55.25 cents per share on the company's common stock, an increase of 6.25 percent over the current quarterly dividend of 52 cents a share. This raises the annual dividend rate to $2.21 a share.
The higher dividend is payable March 1, 2018, to stockholders of record on Feb. 14, 2018. This marks the 302nd consecutive quart... |
|01/10/18||Cunningham elected to WEC Energy Group board of directors|
|MILWAUKEE, Jan. 10, 2018 /PRNewswire/ -- Danny L. Cunningham, retired partner and chief risk officer of Deloitte & Touche LLP, has been appointed to the board of directors of WEC Energy Group (NYSE: WEC), effective immediately, and will serve on the Audit and Oversight Committee.
Cunningham, 62, who retired in 2016, had previously served Deloitte since 2002. Prior to joining Deloitte, he was a partner at Arthur Andersen, where he worked from 1980 to 200... |