WEC Energy Group, Inc. (WEC) Q1 2025 Earnings Conference Call Transcript

WEC Energy Group, Inc. (NYSE:WEC) Q1 2025 Earnings Conference Call May 6, 2025 2:00 PM ET

Company Participants

Scott Lauber – President and CEO

Xia Liu – CFO

Conference Call Participants

Brian Russo – Jefferies
Andrew Weisel – Scotiabank
Jeremy Tonet – JPMorgan
Anthony Crowdell – Mizuho
Michael Sullivan – Wolfe Research
Carly Davenport – Goldman Sachs
Durgesh Chopra – Evercore ISI

Operator

Good afternoon, and welcome to WEC Energy Group’s Conference Call for First Quarter 2025 Results. This call is being recorded for rebroadcast. And all participants are in a listen-only mode at this time. After the presentation the conference will be available for analysts for questions and answers. In conjunction with this call, a package of detailed financial information is posted at wecenergygroup.com. A replay will be available approximately 2 hours after the conclusion of this call.

Before the conference call begins, please note that all statements in the presentation than historical facts are forward-looking statements that involve risks and uncertainties that are subject to change at any time. Such statements are based on management’s expectations at the time they are made.

In addition to the assumptions and other factors referred to in connection with the statements, factors described in WEC Energy Group’s latest Form 10-K and subsequent reports filed with the Securities and Exchange Commission could cause actual results to differ materially from those contemplated. During the discussion, referenced earnings per share will be based on diluted earnings per share, unless otherwise noted.

And now it is my pleasure to introduce Scott Lauber, President and Chief Executive Officer of WEC Energy Group. Please go ahead.

Scott Lauber

Good afternoon, everyone, and thank you for joining us today as we review our results for the first quarter of 2025. Here with me are Xia Liu, our Chief Financial Officer; and Beth Straka, Senior Vice

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