Curt Culver
Curt Culver completed his service as a director on May 8, 2025.
Highest-materiality recent filing
WEC Energy Group Q1 net income $2.45 EPS, up 7.9% YoY; reaffirms guidance
Net income $804.4M ($2.45 EPS) up from $724.2M ($2.27 EPS) YoY.
WEC Energy Group reports 2025 adjusted EPS $5.27, up 8%; dividend raised 6.7%
Full-year 2025 GAAP EPS $4.81; adjusted EPS $5.27 (+8.0% vs $4.88 in 2024).
WEC Energy faces $205M charge from Illinois utility settlement, up from $150M expected
Charge of $205M ($0.46/share) in 2025, exceeding prior $150M estimate.
WEC Energy Group takes $150M charge from ICC disallowances; cuts GAAP EPS guidance to $4.83-$4.93
Charge of $150M ($0.34/share) from ICC QIP/UEA disallowance recommendations; adjusted 2025 EPS stays at $5.17-$5.27.
WEC Energy enters $3B equity distribution agreement for common stock sales
Agreement allows sale of up to $3.0B of common stock through multiple sales agents on ATM basis.
WEC Energy Group Q3 net income $271.3M ($0.83 EPS), up from $240.1M; reaffirms FY2025 guidance
GAAP EPS $0.83 vs $0.76 Q3 2024; adjusted EPS $0.83 vs $0.82 adjusted YoY.
WEC Energy Q2 net income up to $245.4M ($0.76 EPS) from $211.3M ($0.67 EPS) YoY
Q2 net income $245.4M ($0.76 diluted EPS) vs $211.3M ($0.67) in Q2 2024.
WEC Energy Group prices $775M of 3.375% convertible notes due 2028, upsized from $700M
Offering upsized to $775M aggregate principal; underwriters have option for additional $125M.
WEC Energy Group announces $700M convertible senior notes offering due 2028
Offering of $700M aggregate principal amount convertible senior notes due 2028 in private placement under Rule 144A.
WEC Energy Group Q1 EPS $2.27 beats prior-year $1.97; revenue $3.1B up 18%
EPS $2.27 (fully diluted) vs $1.97 in Q1 2024; net income $724.2M vs $622.3M.
WEC Energy Group posts 2024 adjusted EPS $4.88, up 5.4% YoY; raises dividend 6.9%
Full-year 2024 adjusted EPS $4.88 vs $4.63 in 2023; GAAP EPS $4.83.
WEC Energy Group Q3 GAAP EPS $0.76 vs $1.00 YoY; ICC charge of $0.06 drags adjusted to $0.82
GAAP net income $240.1M ($0.76 EPS), down from $316.0M ($1.00 EPS) a year ago; adjusted EPS $0.82 excludes $0.06 ICC disallowance charge.
WEC Energy Group enters $1.5B at-the-market equity distribution agreement
Up to $1.5B of common stock may be sold at management's discretion through multiple sales agents.
WEC Energy Group issues $1.65B in 4.375% convertible notes due 2027 and 2029
Issued $825M of 4.375% convertible senior notes due 2027 and $825M due 2029 on May 28, 2024.
WEC Energy Group prices $1.5B in convertible notes at 4.375% in two tranches due 2027 and 2029
Priced $750M of 4.375% convertible senior notes due 2027 and $750M due 2029; overallotment option up to $112.5M each.
Curt Culver completed his service as a director on May 8, 2025.
On May 8, 2025, the Board of Directors (the “Board”) of WEC Energy Group, Inc. (the “Company” or “WEC Energy”) appointed Michael Hooper Executive Vice President and Chief Operating Officer of the Company, effective May 11, 2025.
the Board of Directors (the “Board”) of WEC Energy Group, Inc. (“WEC Energy”) increased the number of directors constituting the Board from 12 to 14 and elected Warner Baxter and John Lange to fill the vacancies, effective January 1, 2025.
the Board of Directors (the “Board”) of WEC Energy Group, Inc. (“WEC Energy”) increased the number of directors constituting the Board from 12 to 14 and elected Warner Baxter and John Lange to fill the vacancies, effective January 1, 2025.
On May 9, 2024, Gale E. Klappa completed his service as Executive Chairman of WEC Energy Group, Inc. (the “Company”) and transitioned to his role as Non-Executive Chairman.
On March 7, 2024, Michael Hooper and WEC Energy Group, Inc. (the “Company”) entered into an agreement pursuant to which Mr. Hooper, age 50, will serve as President Wisconsin Utilities, effective April 1, 2024.
Mr. Klappa will serve as Executive Chairman of the Company until the date of the annual shareholders meeting in May 2024, at which time he will transition to the role of Non-Executive Chairman of the Board.
The Company’s Board of Directors (the “Board”) has requested and Mr. Klappa has agreed to continue serving the Company thereafter in the role of Non-Executive Chairman, subject to annual Board nomination and shareholder approval.
elected Ave M. Bie to fill the vacancy, effective January 1, 2023.
Consistent with previous disclosure, J. Kevin Fletcher, formerly the President and Chief Executive Officer of WEC Energy Group, Inc. (the “Company”), retired from the Company effective June 1, 2022.
who will assume the roles of President and Chief Executive Officer of WEC Energy Group effective February 1, 2022
The Board elected Scott J. Lauber, who will assume the roles of President and Chief Executive Officer of WEC Energy Group effective February 1, 2022, as a director
Max materiality 0.80 · Median 0.28 · Most common event other_material