Wisconsin Electric Power Co

Wisconsin Electric Power Company, operating under the We Energies brand in Wisconsin, is a rate-regulated public utility and a principal operating subsidiary of WEC Energy Group, Inc. (formerly Wisconsin Energy Corporation), providing electric generation, transmission, and distribution services to residential, commercial, and industrial customers across southeastern and north-central Wisconsin. The company is one of the largest electric utilities in Wisconsin, serving a broad customer base that includes major industrial and manufacturing customers as well as the residential and commercial customers of the Milwaukee metropolitan area — Wisconsin's largest city and economic center — and surrounding communities. Wisconsin Electric's generation portfolio includes coal-fired, natural gas, hydroelectric, and renewable energy assets, and the company has been actively investing in the energy transition by retiring coal units and adding renewable energy capacity in accordance with Wisconsin regulatory requirements and its own clean energy commitments.<br><br>As a subsidiary of WEC Energy Group, Wisconsin Electric Power Company participates in a major Midwestern utility holding company system that serves approximately 4.6 million customers across Wisconsin, Illinois, Michigan, and Minnesota through various subsidiary utilities. WEC Energy Group is one of the largest regulated utilities in the United States by market capitalization and is known among utility investors for its consistent dividend growth track record and long-term earnings guidance. Wisconsin Electric's operations within this system benefit from the shared regulatory expertise, capital markets access, fuel procurement scale, and operational best practices that characterize large multi-state utility holding company organizations, providing advantages in managing the substantial capital expenditures required for electric and gas infrastructure maintenance and modernization.<br><br>Wisconsin Electric Power Company's preferred stock trades on the OTC market, with two series registered under the Securities Exchange Act of 1934: the company's 6% Preferred Stock and its 3.60% Serial Preferred Stock, both of which are quoted through the OTC Link alternative trading system. These perpetual preferred securities — which pay fixed quarterly dividends based on their stated rates and carry par value claims senior to common equity in the company's capital structure — were issued historically as a component of the utility's capital structure and continue to trade OTC among institutional and retail holders seeking the fixed income characteristics of investment-grade utility preferred stock. The company files Schedule 13G and Schedule 13G/A beneficial ownership reports with the Securities and Exchange Commission in connection with these registered preferred securities.