WEC Energy Group, Inc. (WEC) company profile

WEC Energy Group, Inc. is an energy holding company that provides regulated electricity and natural gas utility services, as well as renewable energy and nonregulated renewable energy operations. Its utility activities are organized into reportable segments covering operations across Wisconsin, Illinois, and other states. The company generates, transmits, and distributes electricity, distributes natural gas, transports third-party natural gas, and supplies steam for heating and industrial processes. Its customer base includes residential consumers, small and large commercial and industrial entities, electric cooperatives, municipal joint action agencies, and wholesale power purchasers across sectors such as manufacturing, paper production, health care, real estate, and education.

Headquartered in Milwaukee, Wisconsin, the company conducts its utility and energy operations primarily across the Midwestern United States, serving communities in Wisconsin, Illinois, Michigan, and Minnesota. In addition, it holds an equity stake in an electric transmission entity operating in those four states. Its physical infrastructure encompasses 8,375 megawatts of owned electric generation capacity, natural gas distribution networks, underground gas storage fields including the Manlove Field facility, and liquefied natural gas storage plants.

Summary of the business section of WEC Energy's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.

“As of December 31, 2025, we had the following number of employees, including those represented under union agreements: … Total employees 7,151 4,190”