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WEC Energy Keeps Natural Gas, LNG in Focus as it Plots Renewables Transition

WEC Energy Keeps Natural Gas, LNG in Focus as it Plots Renewables Transition

power

Industry Segment: Power | Word Count: 748 Words
Attachment: WECenergy2Q21

SUGAR LAND--August 23, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--A recovering economy, improved operational efficiency and scorching summer temperatures gave WEC Energy Group Incorporated (NYSE:WEC) (Milwaukee, Wisconsin) a solid boost in its recently ended second quarter, as consumption from residential, commercial and industrial customers grew substantially from the same period last year. The company, which mainly serves Wisconsin, Iowa and Michigan, is reinforcing much of its gas-generation and delivery network while anticipating long-term growth in renewable sources. Industrial Info is tracking about $745 million in active projects from WEC, about 40% of which is nearing or under construction.

Within this article: Details on some of WEC's highest-valued projects, including a recently acquired windfarm, continued development of natural gas generation and delivery services, and small-scale liquefied natural gas (LNG) facilities.

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