WEC Energy Group (FRA:WIC) Construction In Progress : €0 Mil (As of Mar. 2024)

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What is WEC Energy Group Construction In Progress?

WEC Energy Group's quarterly construction in progress increased from Sep. 2023 (€0 Mil) to Dec. 2023 (€1,059 Mil) but then declined from Dec. 2023 (€1,059 Mil) to Mar. 2024 (€0 Mil).

WEC Energy Group's annual construction in progress increased from Dec. 2021 (€386 Mil) to Dec. 2022 (€995 Mil) and increased from Dec. 2022 (€995 Mil) to Dec. 2023 (€1,059 Mil).

WEC Energy Group Construction In Progress Historical Data

The historical data trend for WEC Energy Group's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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WEC Energy Group Construction In Progress Chart

WEC Energy Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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760.68

837.62

385.68

994.69

1,058.59

WEC Energy Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															-	-	-	1,058.59	-

WEC Energy Group Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

WEC Energy Group (FRA:WIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » WEC Energy Group Inc (FRA:WIC) » Definitions » Construction In Progress

Comparable Companies

EIX ETR DTE FE XEL ES PPL AEE ED CNP NEE SO DUK LSE:NG. AEP PCG D BOM:532555 EXC PEG

Traded in Other Exchanges

WEC:USA WIC:Germany W1EC34:Brazil

Address

231 West Michigan Street, P.O. Box 1331, Milwaukee, WI, USA, 53201

Website

https://www.wecenergygroup.com

WEC Energy Group's electric and gas utility businesses serve electric and gas customers in Illinois, Michigan, Minnesota, and Wisconsin service territories. The company also owns a 60% stake in American Transmission Co. WEC's asset mix is approximately 49% electric generation and distribution, 36% gas distribution, 10% electric transmission, and 5% unregulated renewable energy.

WEC Energy Group (FRA:WIC) Headlines

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