WEC Energy Group Inc.'s subsidiary, Minnesota Energy Resources Corporation, reported its financial results for the second quarter of 2025. The company saw operating revenues of $47.9 million for the three months ended June 30, 2025, a slight increase from $46.6 million during the same period in 2024. For the first half of the year, operating revenues rose to $190.2 million, compared to $165.2 million in 2024. Net income for the quarter was $0.7 million, down from $1.6 million in the previous year. For the six-month period, net income totaled $23.4 million, a decrease from $24.6 million in the first half of 2024. Operating expenses increased to $44.8 million for the quarter, up from $42.5 million in 2024, and totaled $153.8 million for the first half of the year, compared to $127.6 million in the prior year. The company reported an operating income of $3.1 million for the quarter, down from $4.1 million in 2024. In terms of cash flows, net cash provided by operating activities was $73.3 million for the first half of 2025, an increase from $61.1 million in 2024. Capital expenditures rose to $28.9 million, up from $18.2 million in the previous year. The company also issued and retired $50 million in long-term debt during the period.