WEC Energy Group to acquire 90% ownership of Delilah I Solar Energy Center
WEC Energy Group, Inc. (WEC)
Last wec energy group, inc. earnings: 1/30 07:00 am
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Source: PR Newswire
MILWAUKEE, April 29, 2024 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today announced that the company has agreed to acquire a 90% ownership interest in the Delilah I Solar Energy Center.Delilah I is a 300-megawatt project located approximately 140 miles northeast of Dallas, Texas. The project was developed and built by Invenergy — a leading global developer and operator of sustainable energy solutions. Commercial operation is expected to begin by the end of June.Delilah I will generate renewable energy under a long-term power purchase agreement with a global automaker. WEC Energy Group's investment is expected to total $459 million for the 90% ownership interest."The Delilah Solar project is an exciting addition to our Infrastructure business and highlights our continued investment in affordable, reliable and clean energy. This project will help one of the world's largest automakers meet their clean energy goals for years to come," said Gale Klappa, executive chairman.Delilah I is p
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News
- WEC Energy Group, Inc. (NYSE: WEC) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Klappa, Lauber highlight exceptional year for WEC Energy Group [Yahoo! Finance]Yahoo! Finance
- Klappa, Lauber highlight exceptional year for WEC Energy GroupPR Newswire
- President Biden touts Microsoft's Racine County 'comeback project,' contrasts it with Foxconn failure [USA TODAY]USA TODAY
- We Wouldn't Be Too Quick To Buy WEC Energy Group, Inc. (NYSE:WEC) Before It Goes Ex-Dividend [Yahoo! Finance]Yahoo! Finance
WEC
Earnings
- 5/1/24 - Beat
WEC
Sec Filings
- 5/14/24 - Form 8-K
- 5/13/24 - Form 8-K
- 5/10/24 - Form 4
- WEC's page on the SEC website