The company plans to invest approximately $7.0 billion from 2024-2028 in regulated renewable energy in Wisconsin, including 2,700 MWs of utility-scale solar, 880 MWs of wind, and 250 MWs of battery storage.

The company is constructing additional LNG facilities to ensure a reliable supply of natural gas during peak winter conditions, with WE recently finishing construction of an LNG facility that was placed into service in November 2023 and WG targeting commercial operation of its LNG facility in 2024.

The company completed the acquisition of 100 MWs of West Riverside's nameplate capacity in June 2023 and acquired Whitewater, a dual fueled combined cycle generation facility in January 2023.

The company is focused on improving operational efficiency through the AMI program, which replaces aging meter-reading equipment and enables two-way communication between utilities and customers.

The company has announced goals to achieve reductions in carbon emissions from its electric generation fleet by 60% by the end of 2025 and by 80% by the end of 2030, both from a 2005 baseline.

As part of the ICC's November 16, 2023 rate order issued in PGL's rate case, the ICC ordered PGL to pause spending on its SMP until the ICC has a proceeding to determine the optimal method of pipeline replacement and a prudent investment level.

The ICC disallowed certain previously incurred capital costs in Illinois, resulting in PGL and NSG recording an impairment loss in the fourth quarter of 2023. This highlights the risk of regulatory disallowances impacting earnings.

The company's business is dependent on its ability to successfully access capital markets on competitive terms and rates. This is a risk factor due to volatility in the global credit markets.

The company faces significant costs to comply with existing and future environmental laws and regulations. These regulations may create substantial additional costs and affect the availability and/or cost of fossil fuels.

Electric utilities face competition from various entities and other forms of energy sources available to customers, including self-generation by customers and alternative energy sources.

Electrification initiatives or mandates are being considered or proposed by local and state governments. These initiatives could increase the price of natural gas and reduce demand.

The company is focused on investing in renewable energy projects and reducing carbon emissions. This is a positive factor for the company's competitive position in the long term.

The company continues to focus on integrating the resources of all its businesses and finding the best and most efficient processes.

The company continues to upgrade its electric distribution system, including substations, transformers, and lines, to meet the demand of customers.

The company uses a combination of fixed-price purchases, index-priced purchases, storage, peak-shaving facilities, and natural gas supply call options to meet natural gas supply requirements.

The PSCW approved pilot programs for WE and WPS to install and maintain EV charging equipment for customers at their homes or businesses.

The company is making progress on its AMI program, replacing aging meter-reading equipment on both its network and customer property.

The company started a pilot program with Electric Power Research Institute and CMBlu Energy to test a new form of long-duration energy storage on the U.S. electric grid.

The company expects total capital expenditures for its regulated utility businesses to be approximately $19.5 billion from 2024 to 2028.

On January 18, 2024, the Board of Directors increased the quarterly dividend to $0.835 per share effective with the first quarter of 2024 dividend payment.

The company used the net proceeds from recent senior notes issuances to repay short-term debt.

The ESG Progress Plan includes the retirement of older, fossil-fueled generation, to be replaced with zero-carbon-emitting renewables and clean natural gas-fired generation.

The company set a target across its natural gas distribution operations to achieve net-zero methane emissions by the end of 2030.

As of December 31, 2023, women and racial minorities represented approximately 25% and 26%, respectively, of the company's workforce.

The ICC disallowed certain previously incurred capital costs in Illinois, which resulted in PGL and NSG recording an impairment loss in the fourth quarter of 2023.

Electric utility sales are impacted by seasonal factors and varying weather conditions. Natural gas customer use is sensitive to weather and is generally higher during the winter months.

The company is dependent on the global supply chain to ensure that equipment, materials, and other resources are available to both expand and maintain services in a safe and reliable manner.