Welcome to our dedicated page for WEC Energy news (Ticker: WEC), a resource for investors and traders seeking the latest updates and insights on WEC Energy stock.
WEC Energy Group reports developments in its regulated electric and natural gas utility businesses across Wisconsin, Illinois, Michigan and Minnesota. The company’s principal utilities include We Energies, Wisconsin Public Service, Peoples Gas, North Shore Gas, Michigan Gas Utilities, Minnesota Energy Resources and Upper Michigan Energy Resources, while We Power owns electric generating plants and WEC Infrastructure owns renewable generation facilities.
Recurring news covers earnings, electric and natural gas deliveries, capital-plan execution, dividends, reliability performance, safety, utility regulatory matters and generation projects such as solar, natural gas and battery storage. Company updates also address board governance and stockholder actions tied to its annual meeting.
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WEC Energy Group (NYSE: WEC) has received an unsolicited mini-tender offer from TRC Capital Investment Corporation to buy up to 1.5 million shares at $88.88 each, approximately 4.28% lower than its last closing price of $92.85 on June 5, 2020. WEC encourages shareholders to reject this offer due to its below-market pricing and associated conditions. The offer expires at 12:01 a.m. ET on July 8, 2020. TRC's mini-tender offers have raised concerns among the SEC, advising shareholders to exercise caution.