On August 14, 2026, Wisconsin Electric Power Company entered into a 20-year Power Purchase Agreement with Nextera Energy Point Beach LLC to purchase 86% of the capacity, energy, ancillary services, and environmental attributes for Units 1 and 2 of the Point Beach Nuclear Power Plant. The agreement covers Unit 1 from October 6, 2030, through October 5, 2050, and Unit 2 from March 9, 2033, through March 8, 2053. The transaction is contingent upon approval by the Public Service Commission of Wisconsin, with a termination date set for January 1, 2028, extendable to July 1, 2028 if good faith efforts continue. WEC Energy Group operates in the electric utility industry.

WEC Energy Group appointed Caroline Garcia as Vice President and Controller, effective August 31, 2026. Ms. Garcia brings nearly 25 years of experience from KPMG LLP and most recently served as Director of Audit Services at TXNM Energy. Her compensation includes a prorated annual base salary of $335,000, a short-term performance target of 50% of base salary, and a long-term incentive target of 70% of base salary starting with the 2027 award cycle. She succeeds William J. Guc, who will transition to special advisor to the CFO on August 31, 2026, while remaining in his current title until his planned retirement in early 2027. WEC Energy Group operates as a regulated electric and gas utility holding company serving customers primarily in Wisconsin.

WEC Energy Group reported second-quarter 2026 net income of $299.2 million, or $0.91 per share, compared to $245.4 million, or $0.76 per share, in the prior year period. For the first half of 2026, net income reached $1.1 billion, or $3.36 per share, up from $969.6 million, or $3.02 per share, a year earlier. Consolidated revenues totaled $5.5 billion for the six-month period, an increase of $337.3 million over 2025. The company reaffirmed its full-year 2026 earnings guidance of $5.51 to $5.61 per share, assuming normal weather conditions. WEC Energy Group operates as a premier energy utility serving approximately 4.8 million customers across Wisconsin, Illinois, Michigan, and Minnesota.