July 26, 2016 3:31 PM ET

Electric Utilities

Company Overview of Wisconsin Electric Power Company

Company Overview

Wisconsin Electric Power Company operates as an electric, natural gas, and steam utility company in the United States. It operates through three segments: Electric Utility, Natural Gas Utility, and Steam Utility. The Electric Utility segment generates, distributes, and sells electric energy in southeastern, east central, and northern Wisconsin and in the Upper Peninsula of Michigan. This segment generates electricity from coal, natural gas and oil, wind, hydro, and biomass. The Natural Gas Utility segment purchases, distributes, and sells natural gas to retail customers, as well as transports customer-owned natural gas in southeastern, east central, and northern Wisconsin. The Steam Utility ...

231 West Michigan Street

PO Box 2046

Milwaukee, WI 53201

United States

Founded in 1896

3,551 Employees

Phone:

414-221-2345

Key Executives for Wisconsin Electric Power Company

Chairman and Chief Executive Officer
Age: 49
President and Director
Age: 58
Chief Financial Officer, Executive Vice President and Director
Age: 50
Executive Vice President, General Counsel, Corporate Secretary and Director
Age: 63
Executive Vice President of External Affairs
Age: 49
Compensation as of Fiscal Year 2016.

Wisconsin Electric Power Company Key Developments

Wisconsin Electric Power Company Declares Quarterly Cash Dividend on 6% 3.60% Series Preferred Stock, Payable on Oct. 31, 2016 and Sept. 1, 2016 Respectively

Wisconsin Electric Power Company's board of directors declared a quarterly cash dividend of 90 cents a share on the company's preferred stock, 3.60% series, payable Sept. 1, 2016, to stockholders of record on Aug. 12, 2016. The board also declared a quarterly cash dividend of $1.50 a share on the company's 6% preferred stock payable Oct. 31, 2016, to stockholders of record on Oct. 14, 2016.

Wisconsin Electric Power Company Announces Management Changes

On April 29, 2016, as part of the succession plan previously announced by Wisconsin Electric Power Company's parent, WEC Energy Group Inc., Gale E. Klappa notified Wisconsin Electric that he will be retiring from the Company's Board of Directors and as Chairman of the Board effective May 1, 2016. Allen L. Leverett, Chief Executive Officer of the Company, will succeed Mr. Klappa as Chairman.

Wisconsin Electric Declares Quarterly Cash Dividend on Preferred Stock, 3.60% Series and 6% Preferred Stock, Payable on June 1, 2016 and July 31, 2016, Respectively

The Wisconsin Electric board of directors declared a quarterly cash dividend of 90 cents a share on the company's preferred stock, 3.60% Series, payable June 1, 2016, to stockholders of record on May 13, 2016. The board also declared a quarterly cash dividend of $1.50 a share on the company's 6% preferred stock payable July 31, 2016, to stockholders of record on July 14, 2016.

Similar Private Companies By Industry

Company Name Region
3 Phases Renewables, LLC United States
Abacus Resources Energy, LLC United States
Access Energy, LLC United States
Adams Electric Cooperative, Inc. United States
Adams-Columbia Electric Cooperative United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

The information and data displayed in this profile are created and managed by Capital IQ, a Standard & Poor's company. Bloomberg.com does not create or control the content. For inquiries, please contact Capital IQ directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Wisconsin Electric Power Company, please visit --. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.