Foxconn Project Prompts We Energies to Move up Plans for Natural Gas Upgrades

WE Energies plans to accelerate its plans for natural gas upgrades to accommodate the Foxconn development in Racine County. A $140 million natural gas project is planned for the area around Foxconn, WEC Energy Group chairman and chief executive officer Gale Klappa announced on May 1.

“Our natural gas project is another source of reliability to existing customers in southeast Wisconsin,” said Amy Jahns, spokeswoman for We Energies. “This project was planned prior to the Foxconn announcement. We recently accelerated our timetable for this project to coordinate with the Wisconsin DOT road work being planned for the area near Foxconn.”

Wisconsin Electric Power Co., a subsidiary of WEC doing business as We Energies, submitted plans this week to the state Public Service Commission for a nearly $32 million project to install 8.8 miles of distribution main primarily along Highway KR from Meachem Road to a little more than three-quarters of a mile west of Interstate 94.

WEC ENERGY GROUP RECOGNIZED FOR RESEARCH AND DEVELOPMENT

Several WEC Energy Group employees recently received Technology Transfer Awards from the Electric Power Research Institute (EPRI) for their achievements in research and development. The majority of the group was honored for an innovative project to prevent bat fatalities at We Energies’ BlueSky Green Field Wind Energy Center. During the first-of-its-kind project, the team deployed smart technology on several wind turbines. The technology included acoustic devices that could detect bats in the area. The bat data, along with weather information, were then entered into a predictive model that continuously evaluated the risk of bat activity near the turbines. Wind farm operators could use the data to decide when to curtail operation.

LEVERETT CONTINUES HIS RECOVERY

We Energies executive Allen Leverett, who had suffered a stroke in October 2017, is in good physical condition and continues making progress in his recovery and rehabilitation work according to company CEO Gale Klappa.

WEC Energy Board of Directors Changes

 

Cunningham Elected to WEC Energy Group Board

Cunningham, 62, who retired in 2016, had previously served Deloitte since 2002. Prior to joining Deloitte, he was a partner at Arthur Andersen, where he worked from 1980 to 2002. He has more than 30 years of experience serving public audit clients in a broad array of industries, including manufacturing, printing, software and financial services. He received his Bachelor’s Degree in accounting from The Ohio State University and a Master’s in Business Administration from the University of Wisconsin.Danny L. Cunningham, retired Partner and Chief Risk Officer of Deloitte & Touche LLP, has been appointed to the Board of Directors of WEC Energy Group and will serve on the Audit and Oversight Committee.

Cunningham currently serves as a member of the Board of Directors and Chair of the Audit Committee of Actuant Corporation. He qualifies as an independent director under WEC Energy Group’s Corporate Governance Guidelines.

 

Farrow Elected to WEC Energy Board

William M. Farrow III, Organizer, Chief Executive Officer, President and Director of Urban Partnership Bank in Chicago, was appointed to the Board of Directors of WEC Energy Group effective January 1, 2018.

At Bank One, he held many senior positions where his responsibilities included ecommerce/ebusiness management, technology sales management, and technology platform development and conversion. Farrow brings more than 39 years of executive management experience in managing business operations, managing enterprise risk and strategy. He qualifies as a technology expert and a financial expert.William M. Farrow III, Organizer, Chief Executive Officer, President and Director of Urban Partnership Bank in Chicago, was appointed to the Board of Directors of WEC Energy Group effective January 1, 2018.

Jones Retires from Board at Year-End

Paul W. Jones retired from the Board effective December. 31. Jones, 67, served as a Director of Integrys Energy Group and joined the WEC Energy Group Board of Directors when the company acquired Integrys in 2015.

Former A.O. Smith CEO Paul Jones exiting WEC Energy board

Retired A.O. Smith Corp. CEO Paul Jones has retired from the WEC Energy Group Inc. board effective Dec. 31, 2017.

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