Business
Klappa, Lauber highlight exceptional year for WEC Energy Group
At WEC Energy Group's (NYSE: WEC) annual meeting of stockholders today, Gale Klappa, chairman of the board, and Scott Lauber, president and CEO, highlighted another strong year on virtually every meaningful measure — from customer satisfaction, to financial performance, to steady execution of the company's capital plan. They also emphasized that it was a year of growth and dedication to the company's mission of delivering affordable, reliable and clean energy to millions of customers across the
About this update from Wec Energy Group, Inc.
[{"type":"text","content":"MILWAUKEE, May 8, 2025 /PRNewswire/ -- At WEC Energy Group's (NYSE: WEC) annual meeting of stockholders today, Gale Klappa, chairman of the board, and Scott Lauber, president and CEO, highlighted another strong year on virtually every meaningful measure — from customer satisfaction, to financial performance, to steady execution of the company's capital plan. They also emphasized that it was a year of growth and dedication to the company's mission of delivering affordable, reliable and clean energy to millions of customers across the Midwest.","length":559,"tagName":"p"},{"type":"text","content":"Company highlights","length":18,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Developed the largest five-year capital plan in company history — with a focus on supporting energy reliability and economic growth.","length":132,"tagName":"p"}]},{"val":[{"type":"text","content":"Added two large-scale solar projects, the Paris Solar Energy Center and Darien Solar Energy Center, in late 2024 and early 2025. Both projects are feeding renewable energy to the Wisconsin power grid.","length":200,"tagName":"p"}]},{"val":[{"type":"text","content":"Retired units 5 and 6 at the Oak Creek Power Plant, removing coal fueled capacity that had been in service since the 1950's.","length":128,"tagName":"p"}]},{"val":[{"type":"text","content":"Ranked number one in the nation again for customer satisfaction in an independent survey of large commercial and industrial energy users.","length":137,"tagName":"p"}]},{"val":[{"type":"text","content":"Wisconsin Public Service named one of the top-performing midsize utilities in PA Consulting's 2024 ReliabilityOne® Awards.","length":126,"tagName":"p"}]},{"val":[{"type":"text","content":"Returned a record $1.06 billion to WEC Energy Group stockholders through dividends.","length":83,"tagName":"p"}]},{"val":[{"type":"text","content":"Increased the dividend level in January 2025 by 6.9% to an annual rate of $3.57 per share. This marks the 22nd consecutive year of higher dividends.","length":148,"tagName":"p"}]},{"val":[{"type":"text","content":"Selected by Standard and Poor's for inclusion in the High Yield Dividend Aristocrats Index.","length":95,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":1049,"olType":false},{"type":"text","content":"Stockholder actio...