WEC Energy Group Inc - Power Plants and SWOT Analysis, 2017 Update

2017-11-24
Price :
Published : Nov-2017
No. of Pages : 99
Table of Contents
Table of Contents 2
List of Tables 6
Company Snapshot 7
Key Information 7
Company Overview 7
SWOT Snapshot 7
Operational Metrics 8
WEC Energy Group Inc, Operational Metrics, By Capacity 8
WEC Energy Group Inc, Operational Metrics, By Distribution 8
WEC Energy Group Inc, Operational Metrics, By Customers 8
WEC Energy Group Inc, Operational Metrics, By Segmental Information 8
WEC Energy Group Inc, Operational Metrics, By Sales 9
WEC Energy Group Inc, Wind Farms 10
WEC Energy Group Inc, Wind Farms, United States 10
WEC Energy Group Inc, Solar PV Parks 12
WEC Energy Group Inc, Solar PV Parks, United States 12
WEC Energy Group Inc, Hydro Power Plants 13
WEC Energy Group Inc, Hydro Power Plants, Canada 13
WEC Energy Group Inc, Biopower Plants 15
WEC Energy Group Inc, Biopower Plants, United States 15
WEC Energy Group Inc, Thermal Power Plants 16
WEC Energy Group Inc, Thermal Power Plants, United States 16
WEC Energy Group Inc, Commercial Reactors 19
WEC Energy Group Inc, Commercial Reactors, United States 19
Business Description 20
Business Overview 20
Major Products and Services 21
History 22
SWOT Analysis 26
Overview 26
WEC Energy Group Inc Strengths 26
Customer Base 26
Business Performance: Wisconsin 26
Business Model: Vertically-Integrated 26
WEC Energy Group Inc Weaknesses 27
Working Capital Deficit 27
WEC Energy Group Inc Opportunities 27
Growth in Demand for Wind Energy: the US 27
Strategic Initiatives 27
Prospects for Growth in Demand for Electricity: the US 27
WEC Energy Group Inc Threats 28
Volatile Electricity Prices 28
Clean Power Plan by EPA: the US 28
Transmission and Distribution Network Safety 28
Financial Ratios - Capital Market Ratios 29
Financial Ratios - Annual Ratios 29
Financial Ratios - Interim Ratios 31
Key Employees 32
Key Employee Biographies 33
Company Statement 34
Locations And Subsidiaries 35
Head Office 35
Other Locations & Subsidiaries 35
Financial Deals Landscape 37
WEC Energy Group Inc, Deals Summary 37
WEC Energy Group Inc, Power, Deal Details 38
Asset Transactions 38
We Energies Invests US$250 Million In Rothschild Biomass Plant In Wisconsin, U.S. 38
Wisconsin Public Service To Acquire Fox Energy Center From Fox Energy For US$390 Million In US 39
We Energies To Acquire Montfort Wind Farm From NextEra For US$27 Million In Dodgeville, US 40
We Energies Invests US$363.7 Million In Glacier Hills Wind Power Project In Wisconsin, US 41
Fox Valley Lutheran High School Receives Grant For Solar PV Power project In Wisconsin, US 42
Debt Offering 43
Wisconsin Public Service Raises USD250 Million in Public Offering of 1.65% Notes Due 2018 43
Wisconsin Electric Power Raises USD250 Million in Public Offering of 4.3% Debentures Due 2045 45
Wisconsin Energy Raises USD300 Million in Public Offering of 1.65% Notes Due 2018 47
Wisconsin Energy Raises USD400 Million in Public Offering of 2.45% Notes Due 2020 49
Wisconsin Energy Raises USD500 Million in Public Offering of 3.55% Notes Due 2025 51
Wisconsin Electric Power Raises USD250 Million in Public Offering of 3.1% Debentures Due 2025 53
Wisconsin Electric Power Raises USD250 Million in Public Offering Of 4.25% Debentures Due 2044 55
Wisconsin Public Service Completes Public Offering Of 3.671% Bonds Due 2042 For US$300 Million 57
Wisconsin Electric Power Completes Public Offering Of 2.95% Debentures Due 2021 For US$300 Million 59
Asset Transactions 61
Upper Peninsula Power to Acquire Presque Isle Coal Fired Power Plant in Marquette, US from We Energies 61
WPL Acquires 25% Stake In Edgewater Generating Station Unit V For US$38 Million From Wisconsin Electric Power 62
Acquisition 63
Wisconsin Energy Completes Acquisition of Integrys Energy for USD9.1 Billion 63
Wisconsin Public Service Completes Acquisition Of Fox Energy Company, Power Generation Company, From Tyr Energy And GE Energy For US$440 Million 66
Recent Developments 68
WEC Energy Group Inc - Recent Developments 68
Oct 26, 2017: WEC Energy Group posts third-quarter results 68
Jul 26, 2017: WEC Energy Group posts second-quarter results 68
May 02, 2017: WEC Energy Group posts first-quarter results 69
Feb 01, 2017: WEC Energy Group posts 2016 fourth-quarter and full-year results 69
Oct 26, 2016: WEC Energy Group posts third-quarter results 70
Jul 27, 2016: WEC Energy Group posts second-quarter results 70
May 03, 2016: WEC Energy Group posts first quarter results 71
May 05, 2015: Wisconsin Energy posts 2015 first quarter results 71
Feb 11, 2015: Wisconsin Energy posts fourth quarter and full-year results for 2014 72
Jan 15, 2015: Wisconsin Energy raises quarterly dividend 73
Oct 29, 2014: Wisconsin Energy posts 2014 third quarter and nine month results 73
Oct 22, 2014: Wisconsin Energy announces 2014 third quarter earnings news release and conference call 73
Oct 16, 2014: Wisconsin Energy, Wisconsin Electric declare quarterly dividends 74
Jul 30, 2014: Wisconsin Energy posts 2014 second quarter and first half results 74
Apr 30, 2014: Wisconsin Energy posts 2014 first quarter results 74
Apr 17, 2014: Wisconsin Energy, Wisconsin Electric declare quarterly dividends 75
Jan 16, 2014: Wisconsin Energy raises quarterly dividend 75
Oct 30, 2013: Wisconsin Energy posts 2013 third quarter and nine month results 75
Oct 23, 2013: Wisconsin Energy announces 2013 third quarter earnings release and conference call 76
Oct 17, 2013: Wisconsin Energy, Wisconsin Electric declare quarterly dividends 76
Jul 31, 2013: Wisconsin Energy posts 2013 second quarter and first half results 76
Apr 30, 2013: Wisconsin Energy Reports Revenue Of $1.3 Billion In Q1 2013 77
Jan 30, 2013: Wisconsin Energy Reports Revenue Of $4.2 Billion In 2012 77
Oct 31, 2012: Wisconsin Energy Reports Revenue Of $1 Billion In Q3 2012 78
Aug 01, 2012: Wisconsin Energy Reports Revenue Of $944.7m In Q2 2012 79
May 01, 2012: Wisconsin Energy Reports Revenue Of $1.2 Billion In Q1 2012 79
Feb 02, 2012: Wisconsin Energy Reports Revenue Of $4.5 Billion In 2011 79
Oct 27, 2011: Wisconsin Energy Reports Revenue Of $1 Billion In Q3 2011 80
Jul 28, 2011: Wisconsin Energy Reports Operating Revenues Of $991.7m In Q2 2011 80
May 03, 2011: Wisconsin Energy Reports Operating Revenues Of $1.3 Billion In Q1 2011 81
Feb 01, 2011: Wisconsin Energy Reports Net Income Of $456.5 Million In 2010 81
Oct 26, 2010: Wisconsin Energy Reports Net Income Of $112.2 Million In Q3 2010 82
Jul 29, 2010: Wisconsin Energy Reports Operating Revenues Of $890.9m In Q2 2010 82
May 04, 2010: Wisconsin Energy Reports Net Income Of $129.7 Million In Q1 2010 83
Feb 02, 2010: Wisconsin Energy Reports Net Income Of $382.4 Million In 2009 83
Oct 29, 2009: Wisconsin Energy Reports Net Income Of $58.5 million In Q3 2009 84
Jul 30, 2009: Wisconsin Energy Reports Net Income Of $63.7 million In Q2 2009 84
May 05, 2009: Wisconsin Energy Reports $141.5 Million Net Income In Q1 2009 85
Feb 03, 2009: Wisconsin Energy Reports 2008 Results 85
Jan 29, 2009: Wisconsin Energy Declares Quarterly Dividend 85
Oct 29, 2008: Wisconsin Energy Reports 3Q 2008 Results 86
Jul 31, 2008: Wisconsin Energy Declares 2Q 2008 Results 86
Jul 24, 2008: Wisconsin Energy Declares Quarterly Dividend 86
Apr 29, 2008: Wisconsin Energy Declares Q1 2008 Results 87
Apr 24, 2008: Wisconsin Energy Declares Quarterly Dividend 87
Feb 05, 2008: Wisconsin Energy Declares 2007 Results 87
Jan 17, 2008: Wisconsin Energy Declares Quarterly Dividend 88
Oct 30, 2007: Wisconsin Energy Reports 3Q 2007 Results 88
Oct 18, 2007: Wisconsin Energy Declares Quarterly Dividend 88
Jul 31, 2007: Wisconsin Energy Reports 2Q 2007 Results 88
Jul 26, 2007: Wisconsin Energy Declares Quarterly Dividend 89
May 01, 2007: Wisconsin Energy Reports 1Q 2007 Results 89
Apr 26, 2007: Wisconsin Energy Declares Quarterly Dividend 89
Feb 07, 2007: Wisconsin Energy Declares 2006 Results 89
Jan 18, 2007: Wisconsin Energy Declares Quarterly Dividend 90
Oct 12, 2017: Gale E. Klappa to serve as CEO of WEC Energy Group 90
Jun 07, 2017: WPS, We Energies break ground on construction of Green Bay Training Center 90
Aug 15, 2016: WEC Energy Group and Cliffs Natural Resources Issue Joint Clarification Statement Regarding Proposed Energy Project 90
Dec 04, 2014: Wisconsin Energy announces plan to increase dividend by 8.3% 91
Jun 24, 2014: Ryan & Maniskas, LLP Announces Investigation of Integrys Energy Group, Inc 91
Jul 19, 2013: Wisconsin Energy board elects Leverett president; Klappa remains chairman and CEO 91
Mar 15, 2013: MPSC Approves Special Contract Between Cloverland Electric And MPI Acquisition 92
Jul 30, 2012: Wisconsin Energy Elects Patrick Keyes As Executive Vice President And CFO 92
Jun 01, 2012: Wisconsin Energy Restarts Unit 1 At Elm Road Coal-fired Power Plant In Wisconsin 92
May 07, 2012: Wisconsin Energy To Restart Unit 1 At Elm Road Coal-fired Power Project In Wisconsin In May 2012 92
Feb 02, 2012: Wisconsin Energy Appoints Susan Martin As Executive Vice President, General Counsel And Corporate Secretary 92
Jan 19, 2012: Wisconsin Energy Elects Mary Ellen Stanek To Board 93
Mar 25, 2011: Wisconsin Energy Appoints Robert M. Garvin As Senior Vice President Of External Affairs 93
Feb 16, 2011: Wisconsin Energy Announces New Executive Assignments 94
Jan 21, 2011: Wisconsin Energy Announces Retirement Of Jeffrey West, Vice President And Treasurer 94
Feb 12, 2010: Badger Meter Appoints Gale E. Klappa As Director 94
Feb 03, 2010: Wisconsin Energy Starts Operations Of Oak Creek Coal-Fired Power Plant 95
Dec 21, 2009: We Power And Bechtel Power Sign Agreement To Settle Pending Claims 95
Aug 26, 2009: UWM, Marquette University And MSOE Form SWETRC 96
May 26, 2009: Wisconsin Electric Power Receives Approval From MPSC For Its REP 96
Dec 07, 2007: Wisconsin Energy Appoints New Vice President 97
Aug 15, 2016: Cliffs Natural Resources Announces New Energy Agreement with WEC Energy Group for its Tilden Mine in Michigan 97
Appendix 98
Report Scope 98
GlobalData Coverage 98
Benchmarking 98
GlobalData's Methodology 98
Secondary Research 98
Primary Research 99
Contact Us 99
Disclaimer 99

List of Tables
WEC Energy Group Inc, Key Facts 7
WEC Energy Group Inc, Operational Metrics, Capacity 8
WEC Energy Group Inc, Operational Metrics, Distribution 8
WEC Energy Group Inc, Operational Metrics, Customers 8
WEC Energy Group Inc, Operational Metrics, Segmental Information 9
WEC Energy Group Inc, Operational Metrics, Sales 9
WEC Energy Group Inc, Wind Farms, United States 10
WEC Energy Group Inc, Solar PV Parks, United States 12
WEC Energy Group Inc, Hydro Power Plants, Canada 13
WEC Energy Group Inc, Biopower Plants, United States 15
WEC Energy Group Inc, Thermal Power Plants, United States 16
WEC Energy Group Inc, Commercial Reactors, United States 19
Major Products and Services 21
WEC Energy Group Inc, SWOT Analysis 26
WEC Energy Group Inc, Ratios based on current share price 29
WEC Energy Group Inc, Annual Ratios 29
WEC Energy Group Inc, Interim Ratios 31
WEC Energy Group Inc, Key Employees 32
WEC Energy Group Inc, Subsidiaries 35
WEC Energy Group Inc, Deals Summary 37
We Energies Invests US$250 Million In Rothschild Biomass Plant In Wisconsin, U.S. 38
Wisconsin Public Service To Acquire Fox Energy Center From Fox Energy For US$390 Million In US 39
We Energies To Acquire Montfort Wind Farm From NextEra For US$27 Million In Dodgeville, US 40
We Energies Invests US$363.7 Million In Glacier Hills Wind Power Project In Wisconsin, US 41
Fox Valley Lutheran High School Receives Grant For Solar PV Power project In Wisconsin, US 42
Wisconsin Public Service Raises USD250 Million in Public Offering of 1.65% Notes Due 2018 43
Wisconsin Electric Power Raises USD250 Million in Public Offering of 4.3% Debentures Due 2045 45
Wisconsin Energy Raises USD300 Million in Public Offering of 1.65% Notes Due 2018 47
Wisconsin Energy Raises USD400 Million in Public Offering of 2.45% Notes Due 2020 49
Wisconsin Energy Raises USD500 Million in Public Offering of 3.55% Notes Due 2025 51
Wisconsin Electric Power Raises USD250 Million in Public Offering of 3.1% Debentures Due 2025 53
Wisconsin Electric Power Raises USD250 Million in Public Offering Of 4.25% Debentures Due 2044 55
Wisconsin Public Service Completes Public Offering Of 3.671% Bonds Due 2042 For US$300 Million 57
Wisconsin Electric Power Completes Public Offering Of 2.95% Debentures Due 2021 For US$300 Million 59
Upper Peninsula Power to Acquire Presque Isle Coal Fired Power Plant in Marquette, US from We Energies 61
WPL Acquires 25% Stake In Edgewater Generating Station Unit V For US$38 Million From Wisconsin Electric Power 62
Wisconsin Energy Completes Acquisition of Integrys Energy for USD9.1 Billion 63
Wisconsin Public Service Completes Acquisition Of Fox Energy Company, Power Generation Company, From Tyr Energy And GE Energy For US$440 Million 66
Filed in: Energy & Power
Publisher : GlobalData