# Who does WEC Energy Group pay? Who are its key suppliers?
Canonical: https://valuechain.wiki/wec-energy-group · Facet: suppliers · Updated: 2026-09-23T08:23:24.849666+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: WEC Energy Group's confirmed suppliers/cost counterparties include NextEra Energy plus 1 undisclosed/aggregate relationship. Per the valuechain.wiki graph: 2 cost edges, backed by 3 dated sources, 2 of them primary filings (as of 2026-09-23).

### American Transmission Company (high)
- metric: Amount $2.3B · FY2025 year-end · Carrying value of the equity-method investment in American Transmission Company at December 31, 2025
- note: WEC owns approximately 60% of regulated transmission company American Transmission Company and accounts for the holding under the equity method. The investment's carrying value was $2.2569 billion at year-end 2025.
- [confirms] SEC EDGAR (EN, filing, published 2026-02-20) https://www.sec.gov/Archives/edgar/data/783325/000078332526000018/wec-20251231.htm: "our equity investment in ATC was $2,256.9 million"
- [confirms] Morningstar (EN, research, published 2025-01-22) https://marketing.morningstar.com/content/cs-assets/v3/assets/blt9415ea4cc4157833/blt4c2de3e4d0ee71cf/680a4c0d028d2e05f108f4cb/2025_Utilities_Outlook.pdf: "We expect the company to invest $26 billion of capital through 2028, which includes its investment in American Transmission."

### NextEra Energy (high)  → /nextera-energy.md
- metric: Market share 86 percent · Unit 1: 2030-10-06 to 2050-10-05; Unit 2: 2033-03-09 to 2053-03-08 · Share of each Point Beach unit's capacity, energy, ancillary services, and environmental attributes to be purchased
- note: WEC subsidiary WEPCO entered into a power purchase agreement with NextEra Energy Point Beach. Subject to regulatory approval, it will buy 86% of each Point Beach unit's capacity, energy, ancillary services, and environmental attributes for 20 years.
- [confirms] Maeil Business Newspaper (KO, news, published 2026-09-05) https://www.mk.co.kr/news/stock/12144961: "WEC agreed with NextEra to extend the Point Beach nuclear power purchase agreement for 20 years for each unit and applied for regulatory approval."
- [confirms] SEC EDGAR (EN, filing, published 2026-08-18) https://www.sec.gov/Archives/edgar/data/107815/000078332526000095/wec-20260814.htm: "WEPCO entered into a Power Purchase Agreement ... to purchase 86% ... of each of Unit 1 and Unit 2"

### Midcontinent Independent System Operator (MISO) (high)
- note: WEC's electric utilities bid generation into MISO's day-ahead and real-time markets and procure power for retail and wholesale customers. Hourly net purchases are recorded as purchased power in cost of sales.
- [confirms] SEC EDGAR (EN, filing, published 2026-02-20) https://www.sec.gov/Archives/edgar/data/783325/000078332526000018/wec-20251231.htm: "procure electricity for our retail and wholesale customers at prices determined by the MISO Energy Markets"

Reverse side: https://valuechain.wiki/wec-energy-group/customers.md · Ripple: https://valuechain.wiki/wec-energy-group/ripple.md

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