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WEC Energy Group WEC Utility operations — Capital expenditures and asset acquisitions
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Where this comes from
Reported directly by WEC Energy Group in its filing.
Tagged under the XBRL concept us-gaap:SegmentExpenditureAdditionToLongLivedAssets.
The source filing: WEC Energy Group’s 10-Q, filed May 7, 2026.
- Filed
- May 6, 2026, 8:00 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0000783325-26-000052
| (in millions) / Three Months Ended March 31, 2026 | Utility Operations / Wisconsin | Utility Operations / Illinois | Utility Operations / Other States | Utility Operations / Total Utility Operations | Electric Transmission | Non-Utility Energy Infrastructure | Corporate and Other | Reconciling Eliminations | WEC Energy Group Consolidated |
|---|---|---|---|---|---|---|---|---|---|
| Net income attributed to noncontrolling interests | — | — | — | — | — | (1.4) | — | — | (1.4) |
| Net income attributed to common shareholders | $408.1 | $188.9 | $37.6 | $634.6 | $41.9 | $120.6 | $7.3 | — | $804.4 |
| Other Segment Disclosures | |||||||||
| Three Months Ended March 31, 2026 | |||||||||
| Capital expenditures and asset acquisitions | $716.3 | $55.9 | $12.2 | $784.4 | — | $27.0 | $6.5 | — | $817.9 |
| Balance at March 31, 2026 | |||||||||
| Equity method investments | 18.4 | — | — | 18.4 | 2,369.5 | — | 57.4 | — | 2,445.3 |
| Total assets (2) | 34,246.0 | 8,048.7 | 1,714.4 | 44,009.1 | 2,369.5 | 7,746.8 | 1,320.5 | (3,711.9) | 51,734.0 |
Item 1. FINANCIAL STATEMENTS (UNAUDITED)
FAQ
- What is WEC Energy Group's utility operations — capital expenditures and asset acquisitions?
- WEC Energy Group (WEC) reported utility operations — capital expenditures and asset acquisitions of $784.4M in Q1 2026.
- How has WEC Energy Group's utility operations — capital expenditures and asset acquisitions changed year-over-year?
- WEC Energy Group's utility operations — capital expenditures and asset acquisitions increased by 13.9% year-over-year, from $688.5M to $784.4M.
- What is the long-term trend for WEC Energy Group's utility operations — capital expenditures and asset acquisitions?
- Over 4 years (2021 to 2025), WEC Energy Group's utility operations — capital expenditures and asset acquisitions has grown at a 20.7% compound annual growth rate (CAGR), from $2.02B to $4.28B.
- What does utility operations — capital expenditures and asset acquisitions mean?
- This metric represents the total cash outflows used for the acquisition, construction, or improvement of long-term physical assets within the utility operations segment. It reflects the company's investment in infrastructure, such as power plants, distribution networks, and grid modernization projects, necessary to maintain service reliability and support growth. High levels of capital expenditure are typical for regulated utilities as they expand their rate base.
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