secwatch.observer — SEC 8-K summary
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Issuer:     WISCONSIN ELECTRIC POWER CO (WELPP)
CIK:        0000107815
Form:       8-K
Filed at:   2022-06-23T23:59:59+00:00
Accession:  0000107815-22-000240
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WEC Energy Group delays retirement of Oak Creek coal units by 1-1.5 years; Columbia units to 2026
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- Oak Creek Units 5/6 delayed to May 2024; Units 7/8 to late 2025 (approx 18 months).
- Columbia Energy Center units now retired by June 1, 2026 (previously 2023/2024); WPS owns 300 MW (27.5%).
- Reasons cited: tight Midwest power supply and supply chain delays for renewable projects.
- No significant new capital needed; company reaffirms CO2 reduction targets of 60% by 2025 and 80% by 2030 vs 2005.
- Total capacity of Oak Creek older units is 1,100 megawatts.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/107815/000010781522000240/0000107815-22-000240-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/107815/000010781522000240/wec-20220623.htm
  HTML page:      https://secwatch.observer/filing/0000107815-22-000240

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