WEC outlines $37.5 billion capital plan and 7%-8% EPS growth target
Filed with the SEC on · Summarized by InvestorsBot
In its September 2026 investor update, WEC Energy Group outlined a $37.5 billion 2026-2030 capital plan, including $12.6 billion for regulated renewables and $7.4 billion for thermal generation and LNG capacity, and projected long-term annual EPS growth of 7%-8%. WEC also said it expects 6.5%-7% annual dividend growth, forecast 3.9 gigawatts of added electric demand by 2030, and reached an agreement with NextEra to extend the Point Beach nuclear power purchase agreement through 2050 for Unit 1 and 2053 for Unit 2, subject to Wisconsin regulatory approval.