COVID Stimulus Watch Parent Company Summary
Parent Company Name:
WEC Energy Group
Grant Total: $0
Face Value of Loans Total: $15,685,713
Parent Company Data
Ownership Structure: publicly traded (ticker symbol WEC)
Headquartered in: Wisconsin
Sector: utilities and power generation
Industry: utilities
Employees (prior to pandemic): 7,509
Parent Accountability Issues Since 2010
Employment-related Penalties: $49,236,231
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $309,272,935
Consumer Protection / Financial / Competition-related Penalties: $37,455,000
Ratio of CEO Pay to that of Median Worker: 73 to 1
CEO Compensation: $9,262,101
Worker Median Pay: $127,703
Total Federal, State, and Local Subsidies: $168,215,399
Federal Corporate Income Tax Rate: -19.2%
Other Accountability Links For This Company
Individual Award Records
Click on the company name for more information on each subsidy award.
State:
Grant Amount:
Face Loan Amount:$3,387,680
Contract Amount:
Award Date:Oct 23, 2020
State:
Grant Amount:
Face Loan Amount:$3,135,933
Contract Amount:
Award Date:Jul 10, 2020
State:
Grant Amount:
Face Loan Amount:$2,575,578
Contract Amount:
Award Date:Jul 10, 2020
State:
Grant Amount:
Face Loan Amount:$2,267,105
Contract Amount:
Award Date:Oct 8, 2020
State:
Grant Amount:
Face Loan Amount:$2,260,259
Contract Amount:
Award Date:Oct 29, 2020
State:
Grant Amount:
Face Loan Amount:$2,059,158
Contract Amount:
Award Date:Aug 10, 2020
Contracting Issues
CEO Pay Issues