WEC · 8-K · 20261106PR000109

Capital Expenditure Program

WEC ENERGY GROUP, INC. · 2026-11-06 · Importance 79 · Surprise 66 · No source text

WEC’s 2027–2031 capital plan totals $47.5 billion, up $10.0 billion from the prior five-year plan, and is intended to support long-term EPS growth of 7%–9% or more. The plan increases generation investment by $8.4 billion, transmission by $1.2 billion, electric distribution by $500 million, and gas distribution by $500 million, while reducing LNG investment by $600 million versus the prior plan. Planned regulated renewable investment is $13.7 billion, including $6.2 billion for 3,100 MW of solar, $5.9 billion for 3,450 MW of battery storage, and $1.6 billion for 600 MW of wind. The plan also includes $9.4 billion for thermal generation and LNG capacity, including $5.7 billion for 3,540 MW of combustion-turbine and RICE generation and $740 million for LNG storage facilities.

Key facts

• WEC Energy Group’s 2027–2031 capital plan adds $10.0 billion of investment compared with its previous five-year plan: generation increases $8.4 billion, transmission $1.2 billion, electric distribution $500 million, gas distribution $500 million, and LNG decreases $600 million. source
• WEC Energy Group’s 2027–2031 capital plan totals $47.5 billion, compared with $37.5 billion for 2026–2030. source
• WEC Energy Group projects $47.5 billion of capital spending during 2027–2031 and expects utility depreciation to average $2.0 billion annually, with $240 million annually at ATC, over that period. source
• WEC Energy Group expects its portion of ATC investment from 2027–2031 to be $5.3 billion, including projected $500 million additional investment in 2032 and beyond, in 2025 dollars. source

Impact estimates