WEC · 10-Q · 2026Q2 · Full report

Capital Expenditure Outlook

WEC ENERGY GROUP, INC. · 2026-08-04 · Importance 86 · Surprise 74 · In source text

WEC Energy Group estimates total capital expenditures and acquisitions of $5.018 billion in 2026, $6.950 billion in 2027, and $6.966 billion in 2028. Wisconsin accounts for $4.223 billion, $5.953 billion, and $5.950 billion, respectively, across those years. Six-month 2026 capital expenditures were $2.080 billion, up $549.4 million year over year, driven primarily by Wisconsin investments in OCPP combustion turbines and LNG, renewable projects, and electric distribution.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
assetspositiveprobable+4.8%Total estimated capital expenditures for 2026 (including actual through June 30, 2026 and estimates) are $5,018.1 million.
cashnegativeprobable-4.8%Total estimated capital expenditures for 2026 (including actual through June 30, 2026 and estimates) are $5,018.1 million.
assetsunclearprobableThe company's capital plan for 2026 through 2030 reflects the impacts of the OBBBA, including the revised beginning-of-construction rules.