WEC Energy Group Inc
NYSE:WEC
WEC Energy Group Inc
Minority Interest
WEC Energy Group Inc
Minority Interest Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Minority Interest | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
WEC Energy Group Inc
NYSE:WEC
|
Minority Interest
$278.8m
|
CAGR 3-Years
18%
|
CAGR 5-Years
22%
|
CAGR 10-Years
N/A
|
||
Public Service Enterprise Group Inc
NYSE:PEG
|
Minority Interest
N/A
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
||
Sempra Energy
NYSE:SRE
|
Minority Interest
$6.2B
|
CAGR 3-Years
490%
|
CAGR 5-Years
26%
|
CAGR 10-Years
23%
|
||
DTE Energy Co
NYSE:DTE
|
Minority Interest
$6m
|
CAGR 3-Years
-21%
|
CAGR 5-Years
-48%
|
CAGR 10-Years
-10%
|
||
Consolidated Edison Inc
NYSE:ED
|
Minority Interest
N/A
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
||
Dominion Energy Inc
NYSE:D
|
Minority Interest
$0
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
WEC Energy Group Inc
Glance View
In the heartland of America's Midwest, WEC Energy Group Inc. operates as a cornerstone utility company, weaving a complex web of energy solutions that power millions of homes and businesses. Born from the 2015 merger of two longstanding giants, Wisconsin Energy Corporation and Integrys Energy Group, WEC has become one of the nation's premier electric and natural gas delivery firms. At its core, WEC Energy navigates a dynamic energy landscape by leveraging its vast network of subsidiaries, including Wisconsin Electric Power Company and Peoples Gas, to provide reliable services in Illinois, Wisconsin, Michigan, and Minnesota. This diverse geographical footprint allows WEC to mitigate regional risks and maintain steady cash flows amid regulatory challenges and fluctuating energy demands. WEC Energy Group makes money by ensuring that electricity and natural gas flow seamlessly to its customers. The company primarily operates under a regulated utility model, which offers it a measure of stability through set rates approved by public service commissions. These tariffs enable WEC to earn a predictable return on its substantial infrastructure investments, which include maintaining, upgrading, and expanding its distribution systems. Additionally, WEC explores renewable energy avenues to meet evolving regulatory frameworks and consumer expectations, investing in solar and wind projects. This strategic emphasis not only positions the company to capture emerging growth opportunities but also reflects a prudent approach to long-term sustainability, balancing traditional energy operations with the future of green energy.
See Also
What is WEC Energy Group Inc's Minority Interest?
Minority Interest
278.8m
USD
Based on the financial report for Sep 30, 2024, WEC Energy Group Inc's Minority Interest amounts to 278.8m USD.
What is WEC Energy Group Inc's Minority Interest growth rate?
Minority Interest CAGR 5Y
22%
Over the last year, the Minority Interest growth was -12%. The average annual Minority Interest growth rates for WEC Energy Group Inc have been 18% over the past three years , 22% over the past five years .