WEC · 10-Q · 2026Q2 · Full report
Capital Expenditure Program
WEC ENERGY GROUP, INC. · 2026-08-04 · Importance 88 · Surprise 74 · In source text
WEC Energy Group spent $2,079.9 million on capital expenditures in the six months ended June 30, 2026, up $549.4 million from $1,530.5 million in 2025. Wisconsin expenditures increased $515.7 million to $1,832.1 million, driven by OCPP CT and LNG projects, renewable projects, and electric distribution investments. The company estimates total 2026 capital expenditures and acquisitions of $5,018.1 million, rising to $6,949.5 million in 2027 and $6,965.6 million in 2028. Planned investments include $734.3 million for solar, $258.4 million for battery projects, $945.7 million for thermal generation, $972.2 million for electric distribution, and $1,286.8 million for gas distribution in 2026.
Key facts
- Our capital plan expects total capital expenditures for our regulated utility businesses to be approximately $33.4 billion from 2026 to 2030. source
- The Company's $37.5 billion capital plan includes the regulated utility capital and the share of ATC capital expenditures. source
- Cash paid for capital expenditures increased $549.4 million during the six months ended June 30, 2026, compared with the same period in 2025. source
- Total capital expenditures for the six months ended June 30, 2026 were $2,079.9 million, an increase of $549.4 million versus 2025. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | probable | +35.5% | The Company's $37.5 billion capital plan includes the regulated utility capital and the share of ATC capital expenditures. |
| cash | negative | probable | -35.5% | The Company's $37.5 billion capital plan includes the regulated utility capital and the share of ATC capital expenditures. |
| assets | positive | probable | +31.7% | Our capital plan expects total capital expenditures for our regulated utility businesses to be approximately $33.4 billion from 2026 to… |
| cash | negative | probable | -31.7% | Our capital plan expects total capital expenditures for our regulated utility businesses to be approximately $33.4 billion from 2026 to… |
| cash | negative | realized | -1.0% | Cash paid for capital expenditures increased $549.4 million during the six months ended June 30, 2026, compared with the same period in… |