WEC Energy Group Inc - Company Profile
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Business Description
WEC Energy Group Inc (WEC) is an energy holding company, which generates and distributes electricity and delivers natural gas. It serves more than 4.5 million customers in Illinois, Wisconsin, Michigan, and Minnesota.
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Business Segments
- Illinois
- Other States
- Wisconsin
- Electric Transmission
- Non-Utility Energy Infrastructure
- Corporate and Other
Overview
Includes the natural gas utility operations of Peoples Gas Light and Coke Company (PGL) and North Shore Gas Company (NSG). It provides energy to more than 1,048,400 customers in Chicago and the northern suburbs of Chicago. It also owns and operates 38.8 billion-cubic-foot of natural gas storage field in central Illinois through PGL.
Performance
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Overview
Includes natural gas utility operations of Minnesota Energy Resources Corporation (MERC) and Michigan Gas Utilities Corporation (MGU). It also includes non-utility operations of MERC such as servicing appliances for customers. MERC serves customers in various cities and communities across Minnesota. MGU serves customers in southern and western Michigan.
Performance
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Overview
Includes electricity and natural gas utility operations of Wisconsin Electric Power Company (WE), Wisconsin Gas LLC (WG), Wisconsin Public Service Corporation (WPS) and Upper Michigan Energy Resources Corporation (UMERC). Provides wholesale electricity services to municipal joint action agencies, electric cooperatives, other investor-owned utilities, municipal utilities and energy marketers. WPS provides electricity to more than 340,000 natural gas and 461,000 electric customers in northeastern and north central Wisconsin area. WE distribute electricity to more than 2.2 million customers in Wisconsin area. It also provides steam to customers in the Milwaukee area. UMERC provides electricity and natural gas to more than 42,000 customers in Michigan's Upper Peninsula.
Performance
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Overview
The segment includes a 60% ownership interest in ATC and a 75% ownership interest in ATC Hold Co.
Overview
Includes operations of W.E. Power LLC (WE Power), Bluewater Natural Gas Holding LLC (Bluewater) and WEC Infrastructure LLC (WECI). WE Power, through its subsidiary, owns and leases generating facilities to WE. Bluewater owns underground natural gas storage facilities in Michigan. Under long-term service agreements, it provides natural gas storage and hub services for its Wisconsin natural gas utilities, WE, WG, and WPS. WECI owns 90% interest in the Bishop Hill III wind generation facility, 80% in the Coyote Ridge wind generating facility, 90% in the Upstream wind generating facility, 90% ownership in the Blooming Grove wind generating facility, 85% in the Tatanka Ridge wind generating facility and 90% interest in the Jayhawk wind generating facility.
Performance
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Performance
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