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WEC Energy Group

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WEC Energy Group’s investments in infrastructure projects will help it to meet increasing customer demand and improve service reliability. WEC Energy Group’s decision to acquire Integrys has been fruitful, adding nearly $620 million to the company’s top line in the second quarter.  The company carries strong investment-grade credit ratings, which allows it to enjoy superior credit worthiness in the market. The utility has been consistently hiking dividends every year and aims for a payout ratio of 65-70%. However, coal still being the primary source of power for WEC Energy, installation of low-emission infrastructure at its generation systems to meet regulatory compliance increases the cost of operations. Further, the company is subject to operational risks associated with the breakdown or failure of equipment or processes due to fuel supply or transportation disruptions.

 

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