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WEC

WEC Energy

$102.87 /

+0.99 (+0.97%)

09:02
02/19/20
02/19
09:02
02/19/20
09:02

WEC Energy increasing ownership interest in three Midwest wind farms

WEC Energy has agreed to increase its ownership interest from 80% to 90% in three Midwest windfarms: Blooming Grove Wind Farm, Thunderhead Wind Energy Center and the Upstream Wind Energy Center. The total investment is $118M for an additional 75 megawatts of capacity. Invenergy, a developer and operator of sustainable energy solutions, is currently building the Blooming Grove and Thunderhead projects which are expected to achieve commercial operation by the end of 2020. The Upstream Wind Energy Center, also developed by Invenergy, began service in January 2019. Under the tax rules, the WEC Energy Group investment is expected to be eligible for 100% bonus depreciation and production tax credits. The transactions are subject to receiving all necessary regulatory approvals.

  • 02

    Apr

  • 17

    May

WEC WEC Energy
$102.87 /

+0.99 (+0.97%)

02/03/20 JPMorgan
Evergy price target raised to $76 from $72 at JPMorgan
01/27/20 Evercore ISI
Evercore upgrades four, downgrades four in rebalancing of Utilities ratings
01/27/20 Evercore ISI
WEC Energy downgraded to Underperform from In Line at Evercore ISI
10/08/19 JPMorgan
WEC Energy initiated with a Neutral rating at JPMorgan

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Carson Block's Muddy…

Carson Block's Muddy Waters Research announced a short position in iQIYI saying it believes the company is a "fraud." Muddy stated via Twitter. "We assisted @WolfpackReports with comprehensive research into IQ. MW believes that IQ fraudulently and materially overstates its users, revenues, acquisition consideration, and value of its 'barter' content...MW and @WolfpackReports researched $IQ for over one year, including extensive surveying in Tier 1 cities, and collecting IQ data from advertising agencies." Shares of iQIYI are down 10.5% to $15.00 following the short report from Wolfpack Research and the corresponding tweets from Muddy Waters.

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JBS S.A.

$0.00 /

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Consumer Goods Analysts…

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Recommendations
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Options
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$272.58 /

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$16M call block in SPY…

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General news
Oil Action: WTI crude » 10:20
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Oil Action: WTI crude is…

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