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WEC Energy Group, Inc. is a diversified holding company focusing on regulated electric and natural gas services and renewable energy investments.
WEC Energy Group, Inc. is a diversified holding company that provides regulated electric and natural gas services through its subsidiaries in Wisconsin, Michigan, and Illinois. The company operates through six reportable segments, including electric utility operations, natural gas utility operations, electric transmission, and non-utility operations that involve renewable energy generation. With its extensive generation portfolio that includes renewable energy sources, WEC Energy Group aims to balance reliability with environmental stewardship while serving a diverse customer base that includes residential, commercial, and industrial customers.
The company is involved in both regulated and non-regulated activities, which allows it to invest in renewable energy facilities and provide natural gas storage services to support operations. WEC Energy Group's business model is grounded in maintaining a reliable energy supply while pursuing sustainability initiatives aimed at reducing carbon emissions significantly. With strategic acquisitions, infrastructure investments, and various renewable programs, the company is positioned to adapt to changing market demands and grasps the opportunity for future growth.
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