SAMSON I SOLAR ENERGY CENTER


Associated tags: WEC Energy Group, AT, WEC, Inflation Reduction Act of 2022, Peoples Energy, Samson, Congress, NYSE, Wind, Wisconsin Public Service Corporation, Inflation, Farm, Telecommunications, Cryptocurrency, Renewable energy

WEC Energy Group to acquire 80% ownership of Samson I Solar Energy Center

Retrieved on: 
Tuesday, January 31, 2023
WEC Energy Group, AT, WEC, Inflation Reduction Act of 2022, Peoples Energy, Samson, Congress, NYSE, Wind, Wisconsin Public Service Corporation, Investment, Inflation, Farm, Telecommunications, Cryptocurrency, Renewable energy

MILWAUKEE, Jan. 31, 2023 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today announced that the company has agreed to acquire an 80% ownership interest in the Samson I Solar Energy Center.

Key Points: 
  • MILWAUKEE, Jan. 31, 2023 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today announced that the company has agreed to acquire an 80% ownership interest in the Samson I Solar Energy Center.
  • WEC Energy Group's investment is expected to total approximately $250 million for the 80% ownership interest.
  • WEC Energy Group (NYSE: WEC), based in Milwaukee, is one of the nation's premier energy companies, serving 4.6 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.