Nov 6, 4:15 PM ET
On November 5, 2026, the Public Service Commission of Wisconsin approved rate changes in rate cases filed in April 2026 by Wisconsin Electric Power Company, Wisconsin Gas LLC and Wisconsin Public Service Corporation. The presentation slides attached to the filing list an authorized return on equity of 9.50% and an equity ratio of 53.0%, and say a final written order is expected before year-end.
- PSCW approved rate changes on November 5, 2026 for Wisconsin Electric, Wisconsin Gas and Wisconsin Public Service
- Authorized return on equity of 9.50% and equity ratio of 53.0%
- Earnings sharing: no sharing on the first 15 basis points above the allowed ROE, 50/50 on the next 25 basis points, and 100% to customers beyond 40 basis points
- Final written order expected before year-end 2026
Read the filing on SEC.gov ↗
Nov 4, 5:13 PM ET
On November 4, 2026, WEC Energy Group entered into an equity distribution agreement allowing it to sell up to $4 billion of common stock through a group of sales agents and forward purchasers. The company expects to receive proceeds only when shares are sold and settled under forward sale agreements, and no proceeds are received from borrowed shares sold initially, so the program could dilute existing shareholders as shares are issued.
- Maximum aggregate sales price under the Equity Distribution Agreement is $4 billion of common stock, $0.01 par value.
- Sales agents include Barclays, BofA Securities, Citigroup, Goldman Sachs, J.P. Morgan, Morgan Stanley and Wells Fargo, among others.
- Company will not initially receive proceeds from borrowed shares sold by forward sellers; proceeds come at later physical settlement.
Read the filing on SEC.gov ↗
Nov 4, 8:52 AM ET
WEC Energy Group entered into an underwriting agreement on November 2, 2026, to issue and sell $1.0 billion of 6.750% Series 2026A notes and $1.0 billion of 6.950% Series 2026B notes, both junior subordinated and due 2057. The offering is registered under a Form S-3 and is a debt financing, so it adds $2.0 billion of long-term junior subordinated debt rather than changing equity.
- Series 2026A: $1.0 billion principal, 6.750% fixed-to-fixed reset rate, due 2057
- Series 2026B: $1.0 billion principal, 6.950% fixed-to-fixed reset rate, due 2057
- Underwriters include Citigroup Global Markets, J.P. Morgan Securities, RBC Capital Markets, TD Securities and Wells Fargo Securities
- Agreement dated November 2, 2026; 8-K filed November 4, 2026
Read the filing on SEC.gov ↗
Oct 29, 7:27 AM ET
WEC Energy Group reported third-quarter net income of $389.3 million, or $1.18 per share, compared to $271.3 million, or 83 cents per share, for the same period last year. Driven by favorable weather and capital investments, the company raised and narrowed its full-year 2026 earnings guidance to a range of $5.60 to $5.64 per share. These results demonstrate solid operational performance that directly benefits shareholders.
- Third-quarter net income reached $389.3 million, or $1.18 per share, up from $271.3 million, or 83 cents per share, in the third quarter of 2025.
- Full-year 2026 earnings guidance was raised and narrowed to a range of $5.60 to $5.64 per share.
- Consolidated revenues for the first nine months of 2026 totaled $7.8 billion, an increase of $523.9 million compared to the same period in 2025.
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
