WEC reported FY 2025 net income attributed to common shareholders of USD 1.56 billion (+USD 30.3 million) and diluted EPS of USD 4.81 (down USD 0.02) versus FY 2024. Segment net income attributed to common shareholders was led by Wisconsin at USD 1.05 billion (+22.2%), partly offset by Illinois at USD 122.1 million (down USD 130 million) due to a USD 205 million pre-tax charge tied to a proposed settlement with the Illinois Attorney General related to the UEA and QIP riders. Cash provided by operating activities was USD 3.38 billion in FY 2025, while cash used in investing activities was USD 4.87 billion and cash provided by financing activities was USD 1.52 billion. Total capital expenditures were USD 4.4 billion in FY 2025, including USD 3.86 billion in Wisconsin. WEC highlighted rising large-load demand expectations in Wisconsin tied to announced data center developments, including Microsoft’s plan to invest over USD 20 billion and forecast load growth of up to 2.6 GWs in the Milwaukee-to-Chicago corridor through 2030, as well as Vantage Data Centers’ Port Washington campus forecast to add 1.3 GWs through 2030 with potential to reach 3.5 GWs over time. The company said it plans major investments from 2026–2030 including 3,300 MW of natural gas CTs, 180 MW of RICE generation, and regulated renewables in Wisconsin including 3,850 MW of utility-scale solar, 2,130 MW of battery storage, and 555 MW of wind, alongside grid reliability investments and an LNG facility at the Oak Creek Power Plant site with two Bcf of storage capacity.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. WEC Energy Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000783325-26-000018), on February 20, 2026, and is solely responsible for the information contained therein.