WEC Energy Group, Inc. entered into an equity distribution agreement to offer and sell shares of its common stock with an aggregate sales price of up to $4.0 billion. This at-the-market (ATM) program allows the company to raise capital from time to time based on market conditions and its funding needs.
Key Details
- Agreement Date: November 4, 2026
- Offering Size: Up to $4,000,000,000 in aggregate sales price of common stock.
- Structure: Sales may be conducted through a syndicate of sales agents (including Barclays, BofA Securities, Goldman Sachs, J.P. Morgan) or via forward sale agreements with designated forward purchasers.
- Commissions: Sales agents are entitled to a commission not to exceed 1.00% of the gross sales price per share.