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WEC Energy Group, Inc.

0LSLEnergyMilwaukee, United States

WEC Energy Group, Inc. is a major American energy provider that delivers both regulated natural gas and electricity services, along with regulated and non-regulated renewable energy solutions across the United States. The company's operations are structured into six key segments: Wisconsin, Illinois, Other States, Electric Transmission, Non-Utility Energy Infrastructure, and Corporate and Other. WEC Energy is involved in a comprehensive range of energy activities, encompassing the generation and distribution of electricity using a diverse mix of sources. These include traditional fuels like coal, natural gas, and oil, as well as sustainable options such as hydroelectric, wind, solar, and biomass. Additionally, the company manages electric transmission, provides retail natural gas distribution, handles natural gas transportation, and produces and sells steam. As of December 31, 2021, WEC Energy maintained an extensive infrastructure network. This included approximately 35,800 miles of overhead and 35,600 miles of underground electrical distribution lines, supported by 440 electric distribution substations and 510,500 line transformers. Its natural gas network comprised 50,900 miles of distribution mains, 1,200 miles of transmission mains, 2.3 million lateral service connections, and 500 distribution and transmission gate stations. Furthermore, the company controlled underground natural gas storage facilities with a substantial working capacity of 68.2 billion cubic feet. WEC Energy Group, Inc. was founded in 1981. It was previously known as Wisconsin Energy Corporation before officially changing its name in June 2015. The company's primary corporate offices are located in Milwaukee, Wisconsin.

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WEC Energy Group, Inc. at a glance

WEC Energy Group, Inc. is an energy company headquartered in Milwaukee, United States. It is publicly listed (0LSL) with a market capitalisation of $36.7B. Xcout tracks 25 named people at WEC Energy Group, Inc., including Scott J. Lauber (Chairman, President & CEO).

Industry
Energy
Headquarters
Milwaukee, United States
Market cap
$36.7B
Employees
7,000
Ticker
0LSL

WEC Energy Group, Inc. leadership

  • Scott J. LauberChairman, President & CEO
  • Michael W. HooperExecutive Vice President, Chief Operating Officer and President of We Energies & Wisconsin Public Service
  • Xia LiuExecutive Vice President & Chief Financial Officer
  • James A. SchubilskeVice President & Chief Audit Officer
  • Molly A. MulroyExecutive VP & Chief Administrative Officer - WBS
  • Margaret C. KelseyEVice President, General Counsel, Corporate Secretary & Compliance Officer

19 more named people on record for WEC Energy Group, Inc., with roles, board committees and tenure — see the full roster →

WEC Energy Group, Inc. competitors

A few of WEC Energy Group, Inc.'s closest competitors — see the full list of competitors and alternatives →

China Energy Engineering Corporation Limited601868 · EnergyBeijing, China
63% matchPublic

China Energy Engineering Corporation Limited (CEEC) delivers comprehensive solutions and services across the energy, power, and infrastructure sectors, operating both within the People's Republic of China and internationally. The company's diverse activities are organized into five primary business units: Survey, Design and Consulting Services; Construction and Contracting; Industrial Manufacturing; Investment and Operation; and Other Businesses. The Survey, Design and Consulting Services division provides expert survey and design capabilities for a wide array of power generation projects, including thermal, hydroelectric, nuclear, wind, and solar, as well as power grid infrastructure, both domestically and abroad. This segment also offers strategic consulting on power industry policies and delivers critical project testing, evaluation, and oversight services. Through its Construction and Contracting arm, CEEC undertakes general contracting, engineering construction, and comprehensive project operation and maintenance. These services cover a broad spectrum of initiatives, from traditional, new, and smart energy ventures to water conservation, environmental protection, transportation, urban development (municipal administration), and residential building projects, serving both Chinese and international clients. The Industrial Manufacturing segment is responsible for the design, production, and distribution of various power-related equipment, such as auxiliary components for power stations, power grid apparatus, steel structures, and energy-saving and environmental protection technologies. Additionally, this segment produces civil explosives and cement, alongside offering specialized blasting services. The Investment and Operation division strategically invests in and manages projects spanning traditional, new, and smart energy, water resource management, ecological conservation, and transportation. Furthermore, it provides financial services and engages in real estate development. Lastly, the Other Businesses segment encompasses a range of support activities including logistics and trade, leasing, business services, and software and information technology solutions. Established in 2014, the company's corporate headquarters are situated in Beijing, People's Republic of China.

Market cap$13B
Employees116,055
China Energy Engineering Corporation Limited competitors & alternatives →
BKW Energie AG0QQ0 · EnergyBern, Switzerland
62% matchPublic

BKW AG functions as a global energy and infrastructure enterprise, specializing in the design, construction, and management of essential infrastructure. Its purpose is to generate and supply power to commercial clients, residential consumers, and public sector entities across Switzerland, Germany, Italy, France, and other international territories. The company's operations are divided into three principal divisions: 1. Energy: This segment is responsible for developing, operating, and maintaining various power generation facilities, including hydroelectric, nuclear, fossil fuel, and diverse renewable energy plants. It also engages in energy sales and the trading of electricity, certificates, and commodities. BKW AG holds ownership of onshore wind farms and photovoltaic plants. 2. Grid: This division focuses on the construction, management, and upkeep of the electrical distribution network. 3. Services: Providing expert planning and engineering consultancy for energy, infrastructure, and environmental initiatives, this segment also offers comprehensive building technology solutions. Additionally, it oversees the construction, servicing, and maintenance of various networks, such as energy, telecommunications, transportation, and water systems. Initially named BKW FMB Energie AG, the company rebranded to BKW AG in December 2011. Established in 2022, its corporate headquarters are located in Bern, Switzerland.

Market cap$7.6B
Employees12,390
BKW Energie AG competitors & alternatives →

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More on WEC Energy Group, Inc. in Xcout Intel

  • 25 named people with titles, LinkedIn and board committees
  • The full competitor set, tracking, exports and API access
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