WEC Energy Group (WEC) investor relations material

Financial performance and growth

• Achieved or exceeded EPS guidance for over 22 consecutive years, with a 6.7% CAGR in EPS and 6.9% CAGR in dividends since 2015, and targeting 7.0–8.0% long-term EPS growth through 2030.

• Raised annual dividend by 6.7% to $3.81 per share in 2026, marking 23 consecutive years of dividend increases and maintaining a payout ratio target of 65–70%.

• Maintains top-decile dividend growth and is included in the S&P High Yield Dividend Aristocrats Index.

Capital investment and infrastructure

• Increased five-year capital plan to $37.5 billion for 2026–2030, supporting robust regional demand and economic growth.

• Investing $12.6 billion in regulated renewables (6,535 MW), $7.4 billion in thermal generation and LNG, and $4.1 billion in electric transmission.

• Projected capital spend includes major investments in solar, wind, battery storage, and modern natural gas generation.

Customer and regional demand

• Forecasts 2.6 GW of new demand in the I-94 corridor by 2030, driven by large-scale data center investments from Microsoft and Vantage, with $1 billion incremental investment.

• Expects to add 3.9 GW (~45%) of electric demand and 0.7–1.0% gas demand growth from 2026–2030.

• Introduced a Very Large Customer (VLC) tariff for customers with 500 MW+ new load, offering bespoke generation and fixed ROE/equity terms.