MEMBERS: We Energies
Wisconsin Energy Corporation (NYSE: WEC), based in Milwaukee, Wisconsin, U.S.A., is a Fortune 500 energy company serving more than 1.1 million electric customers in Wisconsin and Michigan’s Upper Peninsula and more than one million natural gas customers in Wisconsin. The company’s principal utilities are We Energies (the trade name for Wisconsin Electric Power Company and Wisconsin Gas LLC) and Edison Sault Electric Company. The company’s nonutility businesses include energy development, recycling and renewable energy, and real estate development. One of the Midwest’s premier energy companies, WEC has approximately 5,600 employees, about 58,000 registered stockholders and more than $9 billion of assets. Of the 116,985,822 million shares outstanding as of Dec. 31, 2004, about 60 percent were held by institutional investors and 40 percent by individual stockholders.
In addition to its electric and natural gas customers, We Energies serves approximately 460 steam customers in the Milwaukee metropolitan area, and about 2,660 water customers in suburban Milwaukee. As of Dec. 31, 2004, Edison Sault Electric Company served approximately 23,000 electric customers in the Upper Peninsula of Michigan.
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