Peoples Energy

WEC Energy Group to acquire 90% ownership of Delilah I Solar Energy Center

Retrieved on: 
Monday, April 29, 2024

MILWAUKEE, April 29, 2024 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today announced that the company has agreed to acquire a 90% ownership interest in the Delilah I Solar Energy Center.

Key Points: 
  • MILWAUKEE, April 29, 2024 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today announced that the company has agreed to acquire a 90% ownership interest in the Delilah I Solar Energy Center.
  • Delilah I is part of the five-phase Samson & Delilah solar portfolio, one of the largest solar facilities under construction in the United States.
  • WEC Energy Group already owns a majority interest in Samson I — a separate phase of the Samson & Delilah project.
  • WEC Energy Group (NYSE: WEC), based in Milwaukee, is one of the nation's premier energy companies, serving 4.7 million customers in Wisconsin, Illinois, Michigan and Minnesota.

WEC Energy Group to announce 2024 first-quarter results May 1

Retrieved on: 
Wednesday, April 24, 2024

MILWAUKEE, April 24, 2024 /PRNewswire/ -- WEC Energy Group Inc. (NYSE: WEC) will issue its 2024 first-quarter earnings news release before the stock market opens Wednesday, May 1.

Key Points: 
  • MILWAUKEE, April 24, 2024 /PRNewswire/ -- WEC Energy Group Inc. (NYSE: WEC) will issue its 2024 first-quarter earnings news release before the stock market opens Wednesday, May 1.
  • Detailed financial information will be available on the WEC Energy Group website by 6:30 a.m. Central time May 1.
  • WEC Energy Group (NYSE: WEC), based in Milwaukee, is one of the nation's premier energy companies, serving 4.7 million customers in Wisconsin, Illinois, Michigan and Minnesota.
  • WEC Energy Group (wecenergygroup.com) is a Fortune 500 company and a component of the S&P 500.

Orbital Biocarbon, PYREG Partner to Transform Wastewater Sludge Disposal into Regulation Compliant, Carbon Negative and PFAS-Free Profit Center

Retrieved on: 
Thursday, April 18, 2024

Orbital Biocarbon owns and operates facilities that transform wastewater sludge into PFAS-free, commercial fertilizer, at a much lower cost than other disposal methods.

Key Points: 
  • Orbital Biocarbon owns and operates facilities that transform wastewater sludge into PFAS-free, commercial fertilizer, at a much lower cost than other disposal methods.
  • PFAS chemicals, often found in wastewater sludge, pose risks to public health if they infiltrate the water system via landfill leachate or runoff from land-applied wastewater sludge.
  • Orbital Biocarbon offers a comprehensive solution, securing private capital to construct, own and operate on-site wastewater sludge disposal facilities.
  • West Virginia-based Hope Utilities CEO, Morgan O'Brien said: "The need for safe wastewater sludge disposal is paramount for wastewater utilities.

Hooper named President of We Energies and Wisconsin Public Service

Retrieved on: 
Tuesday, March 12, 2024

MILWAUKEE, March 12, 2024 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) announced today that Michael Hooper, currently president and chief operating officer of Northern Indiana Public Service Company (NIPSCO), a subsidiary of NiSource (NYSE: NI), has been named president of We Energies and Wisconsin Public Service, effective April 1, 2024.

Key Points: 
  • MILWAUKEE, March 12, 2024 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) announced today that Michael Hooper, currently president and chief operating officer of Northern Indiana Public Service Company (NIPSCO), a subsidiary of NiSource (NYSE: NI), has been named president of We Energies and Wisconsin Public Service, effective April 1, 2024.
  • "We're fortunate to have Mike join our senior leadership team," said Scott Lauber, president and chief executive officer of WEC Energy Group.
  • Hooper will have primary responsibility for the electric and gas distribution business, customer service, power generation and major projects for We Energies and Wisconsin Public Service.
  • The company's principal utilities are We Energies, Wisconsin Public Service, Peoples Gas, North Shore Gas, Michigan Gas Utilities, Minnesota Energy Resources and Upper Michigan Energy Resources.

WEC Energy Group to announce 2023 fourth-quarter and year-end financial results Feb. 1

Retrieved on: 
Thursday, January 25, 2024

MILWAUKEE, Jan. 25, 2024 /PRNewswire/ -- WEC Energy Group Inc. (NYSE: WEC) will issue its 2023 fourth-quarter and full-year earnings news release before the stock market opens Thursday, Feb. 1.

Key Points: 
  • MILWAUKEE, Jan. 25, 2024 /PRNewswire/ -- WEC Energy Group Inc. (NYSE: WEC) will issue its 2023 fourth-quarter and full-year earnings news release before the stock market opens Thursday, Feb. 1.
  • A conference call for investors and security analysts is scheduled for the same day at 1 p.m. Central time.
  • Detailed financial information will be available on the WEC Energy Group website by 6:30 a.m. Central time Feb. 1.
  • The company's principal utilities are We Energies, Wisconsin Public Service, Peoples Gas, North Shore Gas, Michigan Gas Utilities, Minnesota Energy Resources and Upper Michigan Energy Resources.

Peoples Natural Gas Warms Hearts, Homes Through Support of Local Holiday Events and Community Organizations

Retrieved on: 
Monday, December 18, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231218195750/en/
    A large crowd walks through the Peoples Gas Holiday Market in downtown Pittsburgh during the 2023 holiday season.
  • (Photo: Business Wire)
    Peoples, an Essential Utilities (NYSE:WTRG) company, brings together one-of-a-kind artisans from around the world at the 12th annual Peoples Gas Holiday Market™.
  • As a new Holiday Market exclusive, shoppers can receive a limited-edition souvenir ornament from Peoples when donating to the Greater Pittsburgh Community Food Bank.
  • Peoples is a longtime supporter of the Food Bank, helping them become the primary non-profit partner of the Peoples Gas Holiday Market.

CUB SLAMS IRRESPONSIBLE PEOPLES GAS MOTION

Retrieved on: 
Friday, December 1, 2023

If approved, this would add more than $9 million to the Peoples Gas rate hike, which the company received on Nov. 16 and goes into effect today.

Key Points: 
  • If approved, this would add more than $9 million to the Peoples Gas rate hike, which the company received on Nov. 16 and goes into effect today.
  • The ICC should reject this irresponsible motion.
  • Created by the Illinois Legislature, CUB opened its doors in 1984 to represent the interests of residential and small-business utility customers.
  • Since then, CUB has saved consumers more than $20 billion by helping to block rate hikes and secure refunds.

ICC RULINGS REDUCE RECORD RATE-HIKE PROPOSALS; HALT CONTROVERSIAL PIPE-REPLACEMENT PROGRAM, AS REGULATORS DRAW LINE ON UTILITY EXCESS

Retrieved on: 
Friday, November 17, 2023

CHICAGO, Nov. 17, 2023 /PRNewswire/ -- In a sweeping rebuff of four different utilities, Illinois regulators have sharply curtailed record rate hikes proposed for more than 4 million gas customers across the state, while also blocking most spending on a controversial pipe-replacement program that has fueled a heating affordability crisis for consumers in recent years. 

Key Points: 
  • In each of the cases, the ICC's reduction to the rate hike exceeded the amount – sometimes by large margins – recommended by the agency's administrative law judges.
  • In all, the rate increases were lowered by about $240 million as a result of the ICC's actions.
  • "We're hopeful that this ruling sends a signal to the state's utilities that the days of business-as-usual are coming to an end."
  • Created by the Illinois Legislature, CUB opened its doors in 1984 to represent the interests of residential and small-business utility customers.

WEC Energy Group to announce 2023 third-quarter results Oct. 31

Retrieved on: 
Tuesday, October 24, 2023

MILWAUKEE, Oct. 24, 2023 /PRNewswire/ -- WEC Energy Group Inc. (NYSE: WEC) will issue its 2023 third-quarter earnings news release before the stock market opens Tuesday, Oct. 31.

Key Points: 
  • MILWAUKEE, Oct. 24, 2023 /PRNewswire/ -- WEC Energy Group Inc. (NYSE: WEC) will issue its 2023 third-quarter earnings news release before the stock market opens Tuesday, Oct. 31.
  • Detailed financial information will be available on the WEC Energy Group website by 6:30 a.m. Central time Oct. 31.
  • WEC Energy Group (NYSE: WEC), based in Milwaukee, is one of the nation's premier energy companies, serving nearly 4.7 million customers in Wisconsin, Illinois, Michigan and Minnesota.
  • WEC Energy Group ( wecenergygroup.com ) is a Fortune 500 company and a component of the S&P 500.

Essential Utilities Completes Sale of West Virginia Gas Utility Assets

Retrieved on: 
Monday, October 2, 2023

Essential Utilities (NYSE: WTRG) today closed the sale of its West Virginia natural gas utility assets to Morgantown, WV-based Hope Gas.

Key Points: 
  • Essential Utilities (NYSE: WTRG) today closed the sale of its West Virginia natural gas utility assets to Morgantown, WV-based Hope Gas.
  • The sale enables Essential to prioritize growth of its water and wastewater utilities in states in which it has scale.
  • “The West Virginia customer base was the smallest of any state in which we operate,” said Chris Franklin, Chairman and CEO of Essential Utilities.
  • During this period, customers should continue to contact Peoples 24/7 hotline at 1-800-400-4271 to report any gas emergencies.