WE Energies (Wisconsin Electric Power)

Wisconsin Electric Power Company — operating as WE Energies alongside Wisconsin Gas LLC — is a regulated electric and natural gas utility providing electric service to approximately 1.1 million customers and natural gas service to approximately 530,000 customers across southeastern Wisconsin including the Milwaukee metropolitan area, as a wholly owned subsidiary of WEC Energy Group, Inc. (NYSE: WEC) — one of the nation's largest regulated utility holding companies serving approximately 4.7 million customers across Wisconsin, Illinois, Michigan, and Minnesota. WE Energies' electric service territory encompasses one of the Midwest's most economically significant metropolitan regions, serving Milwaukee, Kenosha, Racine, and surrounding southeastern Wisconsin communities that house a diverse mix of manufacturing, healthcare, financial services, and other commercial and industrial businesses. According to its website at we-energies.com, WE Energies is committed to delivering reliable, affordable, and increasingly clean energy to southeastern Wisconsin customers and communities.

WE Energies' clean energy transition, described at we-energies.com, encompasses significant investment in wind and solar generation that is transforming the company's generation mix — retiring coal generation and replacing it with renewable energy resources in support of WEC Energy Group's commitment to achieving carbon neutrality by 2050. The company's clean energy investments include the Cardinal Wind project and other renewable generation additions that are progressively increasing the clean energy share of WE Energies' generation portfolio. WE Energies' grid modernization investment program encompasses smart meter deployment, distribution automation, and infrastructure reliability improvements that support the evolving needs of southeastern Wisconsin's diverse residential, commercial, and industrial customer base. The utility's large industrial customer relationships — including major Wisconsin manufacturing companies — require reliable, high-quality electric service that sustains industrial productivity and competitiveness.

WEC Energy Group's ownership of WE Energies provides the Milwaukee area utility with the financial resources, operational expertise, and regulatory affairs capabilities of one of the nation's largest regulated utility holding companies, enabling significant capital investment in clean energy and grid modernization while maintaining the financial discipline required to sustain WEC Energy Group's consistent dividend growth track record. According to we-energies.com, WE Energies' constructive regulatory relationship with the Public Service Commission of Wisconsin provides the regulatory framework for earning a fair return on utility infrastructure investment while serving Wisconsin customers with reliable, affordable electricity and natural gas. WE Energies' combination of Milwaukee metropolitan utility franchise, clean energy transition investment, WEC Energy Group institutional backing, southeastern Wisconsin industrial customer relationships, and essential community energy service role establishes it as a major participant in Wisconsin's energy infrastructure and clean energy transition.