Every 424B that WEC Energy Group, Inc. (WEC) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow WEC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full WEC filings page.
WEC Energy Group, Inc. is offering $400,000,000 principal amount of 4.75% Senior Notes due January 15, 2028 as a further issuance of the series originally issued on January 11, 2023. Upon issuance, aggregate outstanding principal in the series will be $850,000,000. The new Notes accrue interest at 4.75% from January 15, 2026, payable semi‑annually on January 15 and July 15, beginning July 15, 2026. The public offering price is 101.472% and estimated net proceeds are approximately $403.7M, intended to repay short‑term debt and for general corporate purposes. The Notes are unsecured, rank equally with other unsubordinated indebtedness, are redeemable subject to stated terms, and will be issued in book‑entry form through DTC.
WEC Energy Group, Inc. proposes a further issuance of its 4.75% Senior Notes due January 15, 2028, which will be fungible and form a single series with the $450,000,000 initial notes issued on January 11, 2023.
The new notes will accrue interest at 4.75% from January 15, 2026, pay interest semi‑annually on January 15 and July 15, and mature on January 15, 2028. They are unsecured, rank equally with other unsecured indebtedness, and are redeemable prior to maturity under described make‑whole and par call mechanics.
Estimated net proceeds will be used to repay short‑term debt and for general corporate purposes; at February 13, 2026, outstanding short‑term debt was $1.4 billion.
WEC Energy Group launched a preliminary prospectus supplement for a primary offering of Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2056. The notes pay a fixed rate until 2031, then reset every five years to the Five-Year Treasury Rate plus a spread, with a floor equal to the initial rate. Interest is paid semi-annually.
The company may defer interest for up to 20 consecutive semi-annual periods (up to 10 years); deferred amounts accrue and compound. During deferral, certain dividends, par‑or‑junior debt payments, and similar actions are restricted. The notes are unsecured and junior to Senior Indebtedness; Senior Indebtedness was approximately $6.3 billion as of September 30, 2025. The notes are not expected to be listed.
WEC intends to use net proceeds to repay short‑term debt and for general corporate purposes. Short‑term debt outstanding was $905.0 million at a weighted average 4.26% as of September 30, 2025. The notes may be redeemed at specified times at 100%, and at 102% upon certain rating agency methodology changes, or at 100% upon certain tax events.
WEC Energy Group launched an at-the-market equity program to offer and sell common stock with an aggregate offering price of up to $3,000,000,000 under a new equity distribution agreement. Sales may be made from time to time through designated agents, as principals, or via forward transactions, including initially priced and collared forwards.
WEC plans to use net proceeds to repay short-term debt and for general corporate purposes. As of September 30, 2025, short-term debt was $905 million. The company will not initially receive proceeds from sales of borrowed shares by forward sellers; cash is expected upon physical settlement of forwards, subject to price adjustments, caps/floors (for collared forwards), commissions up to 1.00%, and other terms.
Shares may be sold in at-the-market offerings on the NYSE or otherwise, at prevailing, related, or negotiated prices. Common stock outstanding was 325,294,252 as of September 30, 2025; this is a baseline figure, not the amount being offered. WEC’s common stock trades on the NYSE as “WEC,” with a last reported sale price of $112.60 on October 30, 2025.