Regulators Approve MGE, We Energies, and WPS Purchase of Shares in Four Renewable Projects

Reuters
2025.11.25 18:38
portai
I'm PortAI, I can summarize articles.

Regulators have approved MGE, We Energies, and WPS's purchase of shares in four renewable energy projects, including solar, battery storage, and wind capacity. MGE will own shares totaling 35 MW of solar, 5 MW of battery storage, and nearly 18 MW of wind power. The projects aim to support MGE's net-zero carbon electricity goal by 2050, with service dates expected between 2027 and 2028.

Madison Gas and Electric (MGE), in partnership with We Energies and Wisconsin Public Service (WPS), subsidiaries of WEC Energy Group, has received approval from the Public Service Commission of Wisconsin to purchase shares in four renewable energy projects. The approval covers investments in solar capacity, battery storage, and wind capacity. MGE will own a share of these projects, specifically 35 MW of solar, 5 MW of battery storage, and nearly 18 MW of wind power. The projects include the Saratoga Solar Energy Center, Ursa Solar Park, Badger Hollow Wind Farm, and Whitetail Wind Farm, with expected service dates between 2027 and 2028. This approval is a significant step in MGE’s progress toward its net-zero carbon electricity goal by 2050. 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. MGE Energy Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251125532278) on November 25, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)