We Energies signs 20-year Point Beach nuclear power deal

We Energies signs 20-year Point Beach nuclear power deal

Reading Time: 2 minutes We Energies signed a new 20-year agreement to purchase electricity from the Point Beach nuclear plant in Manitowoc County, resolving uncertainty about the relationship between the utility and the state’s largest power plant.  The agreement, disclosed in a Tuesday U.S. Securities and Exchange Commission filing, still requires sign-off from Wisconsin’s Public Service Commission (PSC). The roughly 60-year-old facility is Wis…

We Energies strikes deal extending nuclear power purchases to 2053

We Energies will continue purchasing power from the Point Beach Nuclear Plant through at least 2053 under the terms of a deal reached with NextEra Energy, which owns the power plant in Manitowoc County. The deal still needs to be approved by the Public Service Commission of Wisconsin. The companies plan to file their agreement […]