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

Impact estimates

metricdirectionstageexpectedbasis
assetspositiveprobable+35.5%The Company's $37.5 billion capital plan includes the regulated utility capital and the share of ATC capital expenditures.
cashnegativeprobable-35.5%The Company's $37.5 billion capital plan includes the regulated utility capital and the share of ATC capital expenditures.
assetspositiveprobable+31.7%Our capital plan expects total capital expenditures for our regulated utility businesses to be approximately $33.4 billion from 2026 to…
cashnegativeprobable-31.7%Our capital plan expects total capital expenditures for our regulated utility businesses to be approximately $33.4 billion from 2026 to…
cashnegativerealized-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…