Utility forecasts regional demand growth of 2.6 gigawatts through 2030, underpinning a $37.5 billion capital expenditure plan.
WEC Energy Group raised its five-year capital plan to $37.5 billion as it projects 2.6 gigawatts of regional demand growth by 2030. The company cited expanding infrastructure needs to meet rising consumption trends in its service areas.
Second-quarter 2026 earnings reached $0.91 per share, aligning with full-year guidance of $5.51 to $5.61 per share. Management confirmed the outlook assumes normal weather conditions, consistent with prior forecasts.
No immediate market reaction was disclosed in the earnings call summary.