Overview
Description
WEC Energy Group Inc. is a leading energy holding company headquartered in Milwaukee, Wisconsin. The company primarily focuses on generating and distributing electric and natural gas services, serving over four million customers across four states in the United States. WEC Energy Group operates through several subsidiaries including Wisconsin Electric Power Co., Upper Michigan Energy Resources, and Minnesota Energy Resources, highlighting its extensive regional influence in the utility sector.
The company is known for its commitment to delivering safe, reliable, and cost-effective energy services, prioritizing sustainable practices and investment in renewable energy sources. WEC Energy Group’s strategic initiatives include modernizing its grid infrastructure, reducing carbon emissions, and expanding its portfolio of wind and solar projects, enhancing its role in supporting the transition to cleaner energy.
In the financial markets, WEC Energy Group Inc. holds significant importance as a stable, income-generating utility company, often considered a reliable choice for conservative investors. It plays a crucial role in ensuring energy security and economic growth in the regions it serves, underscoring its position as a key player in the North American energy sector.
About
CEO
Mr. Scott J. Lauber CPA
Employees
7000
Address
231 West Michigan Street
PO Box 1331
Milwaukee, 53201, WI
United States
PO Box 1331
Milwaukee, 53201, WI
United States
Phone
414 221 2345
Website
Instrument type
Common stock
Sector
Utilities
Industry
Utilities - Regulated Electric
Country
Italy
MIC code
XMIL