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Stock impact report

US judge temporarily blocks $649 million clean-energy transmission line [Reuters]

WEC Energy Group, Inc. (WEC) 
Last wec energy group, inc. earnings: 1/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: wecenergygroup.com/invest/investor.htm
Company Research Source: Reuters
line through a Mississippi River wildlife refuge, according to attorneys involved in the case. U.S. District Judge William Conley issued a preliminary injunction suspending U.S. government approvals for the land swap during a hearing in Madison, Wisconsin, in a challenge to the nearly complete $649 million Cardinal-Hickory Creek high-voltage line brought by three environmental groups, attorneys for the groups and representatives for the project developers said. The decision effectively blocks developers ITC Midwest and Dairyland Power Cooperative from clear-cutting a path for the line through the Upper Mississippi River National Wildlife and Fish Refuge until Conley can consider the environmental groups' challenge on its merits. The developers said in a statement that they disagree with the court's decision to block construction on the "last mile" of the 102-mile (164 km) project, and said permits were issued for the project consistent with the government's authority under U.S. Show less Read more
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