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One of the USA’s largest power generation and gas distribution firms, WEC Energy Group supplies electricity to 4.6 million customers — including some of the country’s biggest manufacturers — across Wisconsin, Illinois, Michigan and Minnesota. The company has delivered attractive and consistent returns as part of the Magellan portfolio for more than ten years. WEC Energy’s Executive Chairman, Gale Klappa, says the power provider should see growth thanks to a huge expansion in demand that will stem from the green energy revolution. Gale Klappa explains how embracing renewable technologies and diversifying generation methods can deliver the three things desired by shareholders, regulators and customers: affordable, reliable and clean energy.
By Magellan Asset Management5
22 ratings
One of the USA’s largest power generation and gas distribution firms, WEC Energy Group supplies electricity to 4.6 million customers — including some of the country’s biggest manufacturers — across Wisconsin, Illinois, Michigan and Minnesota. The company has delivered attractive and consistent returns as part of the Magellan portfolio for more than ten years. WEC Energy’s Executive Chairman, Gale Klappa, says the power provider should see growth thanks to a huge expansion in demand that will stem from the green energy revolution. Gale Klappa explains how embracing renewable technologies and diversifying generation methods can deliver the three things desired by shareholders, regulators and customers: affordable, reliable and clean energy.

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