WEC Energy 1.7 GW renewable portfolio — utility-scale solar, wind, and energy storage across Wisconsin
First conditional loan guarantee under DOE's EIR program for utility renewable portfolio. Part of $22.92B in utility EIR commitments announced January 2025 across eight utilities. 100% of interest savings to flow to ratepayers.
$2.50B
Deal Value
1,700MW
Capacity
Solar + Storage
Technology
WI
Location
Deal Details
- Deal Type
- Project Finance
- Seller / Sponsor
- Wisconsin Electric Power Company
- Buyer / Financier
- US Department of Energy
- Deal Value
- $2.5B
- Stage
- Development
- ISO/RTO
- MISO
- Source
- US Department of Energy
Capital Structure
$2.50B
Total transaction value
Tranches
- DOE Loan Guarantee · US Department of Energy Loan Programs Office
- $2.50B
Finance Counterparties
Lenders & Capital Providers
- Project Debt
- US Department of Energy
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