WEC Energy Group reported third-quarter earnings of $1.18 per diluted share, up from $0.83 a year earlier, driven by warmer-than-normal weather, capital-plan execution and operating efficiency. It raised and narrowed its 2026 EPS guidance to $5.60–$5.64 from $5.51–$5.61, and unveiled a $47.5 billion capital plan for 2027–2031, $10 billion (more than 26%) higher than its prior five-year plan. Data-center demand, including Microsoft in Wisconsin and Oracle-linked developments via Vantage, drives a forecast 4.9 gigawatt increase in electricity demand through 2031. The plan adds $6.8 billion for natural-gas generation and $3 billion for battery storage, while American Transmission Company expects about $5.3 billion of investment from 2027 to 2031. WEC also reached an agreement with NextEra, subject to regulatory approval, to extend for 20 years the purchase-power agreement for about 1,000 megawatts from the Point Beach nuclear plant.
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