Wisconsin Energy Corp logo Wisconsin Energy Corp (NYSE:WEC) shares hit a new 52-week high during trading on Thursday after the company announced better than expected quarterly earnings, StockRatingsNetwork.
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Wisconsin Energy Corp. began 2014 with 1.128 million electric and 1.080 gas customers. It also operates a non-utility business, We Power, that owns and operates four generation plants that are leased to Wisconsin Energy.
In order to get a planned $9.1 billion acquisition approved, Milwaukee-based Wisconsin Energy Corp. may have to work to help address the power supply quandary - and concerns about customer rate shock - hitting Upper Michigan.