WEC Energy Group Inc - Company Profile
Powered by 
All the sales intelligence you need on WEC Energy Group Inc in one solution.
- Save hours of research time with a comprehensive
Sales Intelligence Solution.
- Understand how WEC Energy Group Inc fits into your total
addressable market and Ideal Customer Profile.
- Gain competitive edge with triggers that tell you
when and how to engage with WEC Energy Group Inc.
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward
WEC Energy Group Inc (WEC) is an energy holding company. The company’s main activities include the generation and distribution of electricity, as well as the delivery of natural gas. It provides services through its subsidiaries including We Energies, Wisconsin Public Service, Peoples Gas, North Shore Gas, Minnesota Energy Resources, Michigan Gas Utilities, Upper Michigan Energy Resources, and Bluewater Gas Storage. WEC caters to a wide range of customers, providing vital energy services to residential, commercial, and industrial sectors. The company operates through an extensive network of electric distribution lines, natural gas distribution and transmission lines, and power capacity. It has operations across Wisconsin, Illinois, Michigan, and Minnesota. WEC is headquartered in Milwaukee, Wisconsin, the US.
Headquarters
United States of America
Address
231 W Michigan Street, Milwaukee, Wisconsin, 53201
Website
www.wecenergygroup.com
Telephone
1 414 2212345
No of Employees
7,017
Industry
Power
Ticker Symbol & Exchange
WEC (NYSE)
Revenue (2024)
$9.8B
14%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
2%
(2024 vs 2023)
Market Cap*
$37.0B
Net Profit Margin (2024)
XYZ
-10.5%
(2024 vs 2023)
* As of and is in US$
WEC Energy Group Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Steam | Services |
| Electricity | Utility Energy: |
| Natural Gas | Natural Gas Storage |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In November, the company signed an agreement with EDP for the development and construction of its 225 MW solar project. |
| 2024 | Plans/Strategy | In April, the company announced its plans to acquire a 90% interest in the Delilah I Solar Energy Center for US$459 million. |
| 2023 | Contracts/Agreements | In March, Peoples Gas and North Shore Gas worked together with ComEd to share ComEd’s existing Itron advanced metering infrastructure (AMI) multi-purpose network to support smart technology. |
Competitor Comparison
| Key Parameters | WEC Energy Group Inc | Duke Energy Corp | Exelon Corp | American Electric Power Co Inc | Consolidated Edison Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Milwaukee | Charlotte | Chicago | Columbus | New York |
| State/Province | Wisconsin | North Carolina | Illinois | Ohio | New York |
| No. of Employees | 7,017 | 26,441 | 20,571 | 17,581 | 15,407 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Scott J. Lauber | Director; Chairman; President; Chief Executive Officer | Executive Board | 2026 | 59 |
| Xia Liu | Chief Financial Officer; Executive Vice President | Senior Management | 2020 | 55 |
| Michael W. Hooper | Executive Vice President; President - We Energies, Wisconsin Public Service, Michigan Gas Utilities, Minnesota Energy Resources and Upper Michigan Energy Resources Corp; Chief Operating Officer | Senior Management | 2025 | 51 |
| Molly A. Mulroy | Chief Administrative Officer; Executive Vice President | Senior Management | 2021 | 49 |
| James Schubilske | Chief Audit Officer; Vice President | Senior Management | 2018 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer