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We Energies and Wisconsin Public Service announce state's largest renewable energy project News provided by Share this article Share this article MILWAUKEE, April 30, 2021 /PRNewswire/ -- We Energies and Wisconsin Public Service, the largest utilities in WEC Energy Group (NYSE: WEC), are proposing to purchase the Koshkonong Solar Energy Center, a planned 465-megawatt (MW) solar and battery storage project in south-central Wisconsin. If approved, the project would be the largest renewable energy project in the state. The Koshkonong Solar Energy Center would feature 300 MW of solar generation...

WEC Energy Group posts strong 2020 results News provided by Share this article Share this article MILWAUKEE, Feb. 4, 2021 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today reported net income of $1.20 billion, or $3.79 per share, for 2020. This compares to earnings of $1.13 billion, or $3.58 per share, for 2019. For the fourth quarter of 2020, WEC Energy Group recorded net income of $239.0 million, or 76 cents per share. This compares to earnings of $243.9 million, or 77 cents per share, for the fourth quarter of 2019. "In a challenging year, we turned resilience into results for our stockho...

WEC Energy Group raises quarterly dividend News provided by Share this article Share this article MILWAUKEE, Jan. 21, 2021 /PRNewswire/ -- The board of directors of WEC Energy Group (NYSE: WEC) today declared a quarterly cash dividend of 67.75 cents per share on the company's common stock, an increase of 7.1 percent over the current quarterly dividend of 63.25 cents a share. This raises the annual dividend rate to $2.71 a share. The higher dividend is payable March 1, 2021, to stockholders of record on Feb. 14, 2021. This marks the 314 th consecutive quarter — dating back to 1942 — that...