WEC ENERGY TO BUILD NEW UPPER PENINSULA POWER PLANTS

An Upper Peninsula iron ore mine will buy power for twenty years from WEC Energy Group under an agreement designed to provide a long-term power solution for the region whose residents have faced uncertainty over rate hikes. Under the deal, Milwaukee-based WEC Energy will add 170 megawatts of natural gas-powered electricity across two new sites in the U.P. The power will supply Cleveland-based Cli? Natural Resources’ Tilden Mine and other customers. The agreement stems from a 2015 settlement with the state of Michigan. WEC’s coal-?red Presque Isle Power Plant would still close by 2020.

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