WEC Energy Group announces $47.5 billion five-year capital investment plan

WEC Energy Group announced an updated five-year capital plan covering 2027-2031, allocating $47.5 billion toward infrastructure projects, a 26% increase over its prior plan. The increase is driven by electricity demand growth from data centers in the I-94 corridor, with incremental allocations of $6.8 billion for natural gas generation, $1.2 billion for transmission, and $1.1 billion for renewables and battery storage.

Detected & updated continuously · Source: Nebula