WEC - WEC Energy Group - Stock Price & Dividends

WEC Energy Group, Inc. is a leading energy company that provides a range of services, including regulated natural gas and electricity, as well as renewable and non-regulated renewable energy solutions across the United States.

The company operates through several segments, including Wisconsin, Illinois, Other States, Electric Transmission, and Non-Utility Energy Infrastructure, which enables it to diversify its offerings and reach a broader customer base.

WEC Energy Group generates and distributes electricity from a diverse range of sources, including coal, natural gas, oil, nuclear, and renewable energy resources such as wind, solar, hydroelectric, and biomass. This diversified energy mix allows the company to provide reliable and sustainable energy solutions to its customers.

In addition to electricity generation and distribution, the company also distributes and transports natural gas, owns and operates electric transmission systems, and generates, distributes, and sells steam. This comprehensive range of services makes WEC Energy Group a one-stop-shop for customers' energy needs.

As of December 31, 2023, the company's extensive infrastructure includes approximately 35,500 miles of overhead distribution lines, 36,500 miles of underground distribution cables, 430 electric distribution substations, and 523,700 line transformers. The company's natural gas infrastructure consists of around 46,400 miles of natural gas distribution mains, 1,700 miles of natural gas transmission mains, 2.4 million natural gas lateral services, and 490 natural gas distribution and transmission gate stations.

WEC Energy Group also has a significant presence in underground natural gas storage fields, with a working gas capacity of 69.3 billion cubic feet. This extensive infrastructure enables the company to provide reliable and efficient energy services to its customers.

With a rich history dating back to 1896, WEC Energy Group has undergone significant transformations, including a name change from Wisconsin Energy Corporation to WEC Energy Group, Inc. in June 2015. Today, the company is headquartered in Milwaukee, Wisconsin, and continues to be a leading player in the energy sector.

For more information about WEC Energy Group, Inc., please visit their website at https://www.wecenergygroup.com.