Form 10-Q · Quarterly report
WEC Energy Group 10-Q, filed Aug 4, 2026
- Filed
- CIK
- 0000783325
- Accession no.
- 0000783325-26-000087
Summary
WEC Energy Group outlined a capital plan that includes about $6.1 billion for natural gas-fired generation and $12.6 billion for regulated renewable energy in Wisconsin from 2026 to 2030, alongside battery storage and reliability investments. The company cited expected data-center load growth, including Microsoft’s planned over $20 billion investment in southeastern Wisconsin and Vantage Data Centers’ Port Washington campus, as adding up to 2.6 GW and 3.5 GW of demand, respectively.
Key points
- WEC Energy Group plans to invest approximately $6.1 billion in natural gas-fired generation and $12.6 billion in regulated renewable energy in Wisconsin from 2026 to 2030.
- Microsoft has announced plans to invest over $20 billion in data centers in southeastern Wisconsin; WEC expects up to 2.6 GW of load growth in the Milwaukee-to-Chicago corridor through 2030.
- Vantage Data Centers is developing a large data center campus in Port Washington forecast to add 1.3 GW of demand through 2030 and potentially up to 3.5 GW over time.
- The Public Service Commission of Wisconsin approved new VLC and Bespoke Resources tariffs in May 2026, and Microsoft entered a service agreement to obtain service under the VLC tariff.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS CORPORATE DEVELOPMENTS The following discussion should be read in conjunction with the accompanying unaudited financial statements and related notes and our 2025 Annual Report on Form 10-K. Introduction We are a diversified holding company with natural gas and electric utility operations (serving customers in Wisconsin, Illinois, Michigan, and Minnesota), an approximately 60% equity ownership interest in ATC (a for-profit electric transmission company regulated by the FERC and certain state regulatory commissions), and non-utility energy infrastructure operations through We Power (which owns…
An excerpt of the text as filed with the SEC, cut for length.
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