We Energies seeks OK for $5.4B in new generating capacity

We Energies is seeking approval from the state Public Service Commission to acquire or build nearly 3,000 megawatts of new electricity generating capacity to meet increased demand from data centers and other customers.

Combined, the projects come with a $5.4 billion price tag, the majority of which will be covered by data center users like Microsoft, Open AI, Oracle and Vantage, according to BizTimes Milwaukee.

WEC Energy Group, the parent company of We Energies, said in its five-year capital plan unveiled in late October that it anticipates adding 3,400 megawatts of demand to its Wisconsin segment by 2030, a 40% increase…

Story continues

TRENDING NOW

LATEST LOCAL NEWS