Energy & Environment
WEC Energy Group spending $338 million on Nebraska wind farm
Milwaukee-based WEC Energy Group will spend $338 million to acquire an 80% ownership interest in the Thunderhead Wind Energy Center in Nebraska.
Settlement would limit We Energies rate increase to 1.3% in 2020
A settlement between WEC Energy Group and two major customer groups would limit We Energies' overall electric rate increase to 1.3% in 2020 with no additional rate increase in 2021.
WEDC awards nearly $1 million to UWM-led Freshwater Collaborative, Connected Systems Institute
A new statewide freshwater initiative led by the University of Wisconsin-Milwaukee was recently awarded a $670,000 grant from the Wisconsin Economic Development Corp.
WEC Energy Group still sees solar as an option for Foxconn’s energy needs
Even with all the changes to Foxconn Technology Group’s plans for its Mount Pleasant campus, the executive chairman of WEC Energy Group says there is still a possibility the utility would at least partially meet the company’s energy needs with a large scale solar array at the site.
Franklin Energy Group to be acquired by Boston-based private equity firm
Port Washington-based Franklin Energy Group will be acquired by Boston-based Abry Partners, which will purchase majority ownership of the company from Mount Kisco, New York-based private equity firm Kohlberg & Company LLC and its other stockholders, according to a news release.
Johnson Controls sets aside $140 million for Marinette cleanup
Johnson Controls International plc has set aside $140 million to address to environmental cleanup of human-made chemicals at its facilities in Marinette, Wisconsin.
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Allen Leverett leaving WEC Energy board
Former WEC Energy Group Inc. chief executive officer Allen Leverett has resigned from the company’s board of directors for personal reasons, the Milwaukee-based utility said in a security filing.
We Energies drops proposed solar charge
We Energies will drop a proposed charge for customers installing their own solar energy panels after reaching a settlement with Madison-based nonprofit Renew Wisconsin.
Menomonee Falls battery manufacturer to be merged with distributors
Menomonee Falls-based Storage Battery Systems LLC will be combined with a Georgia and a Louisiana firm in a new private equity transaction.
Pioneer Power Solutions to sell transformer business for $65.5 million
Pioneer Power Solutions Inc. has agreed to sell its transformer divisions, including Franklin-based Jefferson Electric Inc., to New York...