WEC Energy Group Inc.
WEC Energy Group to Extend Oak Creek Power Plant Units' Operating Lives
Summary
On June 25, 2025, Wisconsin Electric Power Company (WE), a subsidiary of WEC Energy Group, announced plans to extend the operating lives of units 7 and 8 at the Oak Creek Power Plant through the end of 2026 to meet high energy demand periods. WEC Energy Group will participate in upcoming investor meetings, with presentation slides furnished as Exhibit 99.1.
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About WEC Energy Group Inc.
WEC Energy Group Inc. is a prominent utility holding company engaging in electric and natural gas distribution and energy services across multiple U.S. states, including Wisconsin and Illinois. Established as a leader in the energy sector, its core function is to provide reliable and cost-effective energy solutions to both residential and commercial customers. The company's operations span electric generation, natural gas distribution, and energy infrastructure development, highlighting its commitment to maintaining a secure and efficient energy grid. WEC Energy Group is recognized for its strategic emphasis on sustainable practices, investing heavily in renewable energy sources such as wind and solar power, thus reducing its carbon footprint and enhancing environmental stewardship. In the broader market, WEC Energy Group Inc. plays a critical role by ensuring energy security and sustainability, pivotal in supporting economic growth and quality of life in the regions it serves. Its widespread utilities influence makes it a key player in regional economic frameworks and in the ongoing transition towards cleaner energy productions.
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