WEC Energy unit signs 20-year Point Beach nuclear power purchase deal with NextEra Energy Point Beach

• WEC Energy unit WEPCO signed a 20-year PPA with NextEra’s Point Beach entity for 86% of Units 1 and 2 output.
• Unit 1 term runs Oct. 6, 2030 to Oct. 5, 2050; Unit 2 runs March 9, 2033 to March 8, 2053.
• Agreement requires Wisconsin PSC approval; either party can terminate if approval is not secured by Jan. 1, 2028.
• Termination deadline extends automatically to July 1, 2028 if approval remains attainable and WEPCO pursues it in good faith.
• Filing expects customer savings versus the existing Point Beach PPA, which expires in 2030 for Unit 1 and 2033 for Unit 2.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. WEC Energy Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000783325-26-000095), on August 18, 2026, and is solely responsible for the information contained therein.