WEC Energy Group Mergers and Acquisitions Summary

UtilitiesCompany

WEC Energy Group has acquired 5 companies, including 4 in the last 5 years. It has also divested 2 assets.

WEC Energy Group’s largest acquisition to date was in 2014, when it acquired Integrys Energy Group for $9.1B. It’s largest disclosed sale occurred in 2007, when it sold Point Beach Nuclear Plant to FPL Energy Services for $924M. WEC Energy Group has acquired in 3 different US states. The Company’s most targeted sectors include renewable energy (80%) and utilities (20%).

Join Mergr and gain access to WEC Energy Group’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the utilities sector.

M&A Summary

  • M&A Total Activity7
    • M&A Buy Activity5
    • M&A Sell Activity2
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 3

WEC Energy Group

WEC Energy Group, Inc.

231 W. Michigan St.,
Milwaukee, Wisconsin 53203
United States,
(414) 221-2345
www.wecenergygroup.com

WEC Energy Group is an electric and natural gas delivery company with deep operational expertise, scale, and financial resources to meet the region’s future energy needs. We focus on reliable service, customer satisfaction, and shareholder value. WEC Energy Group was founded in 1981 and is based in Milwaukee, Wisconsin.


M&A Summary

Buy vs Sell

Year ≤ '17 '18 '19 '20 '21 '22 T
Buy (0.8/yr) # 1 - 1 1 2 - 5
vol $9.1B $145M $345M $9.6B
Sell (0.0/yr) # 2 - - - - - 2
vol $1.8B $1.8B
  7

Most Recent M&A

Company Date Value Type
Sapphire Sky Wind Energy Center 2021-07-27 - Stake Purchase
Bloomington, Illinois
Jayhawk Wind Farm 2021-03-01 - Add-on Acquisition
, United States · www.jayhawkwind.com
Blooming Grove Wind Energy Center 2020-01-27 345M USD Divestiture
Lexington, Illinois · mcleancountywind.invenergyllc.com
Coyote Ridge Wind Farm 2019-01-08 145M USD Divestiture
White, South Dakota
Integrys Energy Group, Inc. 2014-07-23 9.1B USD Add-on Acquisition
Chicago, Illinois · www.integrysgroup.com
Point Beach Nuclear Plant 2007-10-01 924M USD Divestiture
Two Rivers, Wisconsin
WICOR, Inc. 2004-08-02 850M USD Add-on Acquisition
Milwaukee, Wisconsin
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Integrys Energy Group, Inc. 2014-07-23 Integrys Energy Group - 23 MW of Solar Power Plants 2015-06-04 1
Chicago, Illinois · www.integrysgroup.com , United States

M&A by Sector

Sector Buy # Value Sell # Value
Renewable Energy 4 (80%) 490M (5%) - -
Utilities 1 (20%) 9.1B (95%) - -
Energy Services and Equipment - - 1 (50%) 924M (52%)
Machinery - - 1 (50%) 850M (48%)
Total 5 $9.6B 2 $1.8B

By Geo

State/Country Buy Value Sell Value
United States 5 9.6B 2 1.8B
  Illinois 3 9.4B - -
  Wisconsin - - 2 1.8B
  South Dakota 1 145M - -
Total 5 $9.6B 2 $1.8B

Deal Values

buy # Total
> $1B 1 $9.1B
$100M to $1B 2 $490M
TOTAL $9.6B
Largest Integrys Energy Group, Inc.
$9.1B (2014-07-23)
sell # Total
$100M to $1B 2 $1.8B
TOTAL $1.8B
Largest Point Beach Nuclear Plant
$924M (2007-10-01)

M&A Connections

Deals
Acquired from
Strategic(s)
40%
2 (40%)
Divested to
Strategic(s)
100%
2 (100%)

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