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Blue Chip Growth

Stock Report: Wisconsin Energy Corporation (WEC) Report Updated: Jul 28, 2014 | Print This Page

Wisconsin Energy Corporation© quotemedia

Company Profile

Wisconsin Energy Corporation generates and distributes electric energy, as well as distributes natural gas. It generates electricity from coal, natural gas, wind, and hydro sources. The company provides electric utility services to customers in industries, such as mining, paper, foundry, food products, and machinery production, as well as to large retail chains, municipally owned systems, rural cooperatives, and municipal joint action agencies; and gas utility services to paper, food products, and fabricated metal products industries. It also generates, distributes, and sells steam. As of December 31, 2011, the company served approximately 1,122,500 electric customers in Wisconsin and the Upper Peninsula of Michigan; approximately 1,068,200 gas customers in Wisconsin; and approximately 465 steam customers in metropolitan Milwaukee, Wisconsin under the We Energies name, as well as transported gas for approximately 1,400 customers. In addition, it invests in and develops real estate, including business parks and other commercial real estate projects primarily in southeastern Wisconsin. The company was founded in 1981 and is headquartered in Milwaukee, Wisconsin.

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