WEC Energy Group, Inc. is a leading electric and natural gas utility holding company in the United States. The company's roots can be traced back to 1896 when the Wisconsin Electric Company was founded in Milwaukee, Wisconsin. Over the years, through mergers and acquisitions, the company expanded its operations and eventually became known as WEC Energy Group in 2015. WEC Energy Group is listed on the New York Stock Exchange (NYSE) under the ticker symbol "WEC." It is also a component of the S&P 500 index, reflecting its significance in the energy sector.
As of its founding, WEC Energy Group primarily serves customers in Wisconsin, Illinois, Michigan, and Minnesota. The company's subsidiaries include We Energies, Wisconsin Public Service, Peoples Gas, North Shore Gas, Michigan Gas Utilities, and Minnesota Energy Resources. WEC Energy Group provides electric and natural gas services to millions of residential, commercial, and industrial customers in its service territories.
In addition to its core utility operations, WEC Energy Group has been actively working on expanding its renewable energy portfolio and investing in clean energy initiatives. The company is committed to a sustainable energy future and has set targets to reduce carbon emissions and increase its use of renewable energy sources over the coming years.
WEC Energy Group is dedicated to delivering safe, reliable, and affordable energy services to its customers while also promoting innovation and sustainability in its operations. As a key player in the energy sector, the company plays a crucial role in supporting the transition to cleaner energy sources and addressing the challenges posed by climate change.