Energy & Environment

Seven startups named to fifth WERCBench Labs Accelerator cohort

The Mid-West Energy Research Consortium has named seven startups to the fifth cohort of its WERCBench Labs Accelerator, including three companies each from Wisconsin and Illinois and one from Colorado.

Settlement would limit We Energies rate increase to 1.3% in 2020

A settlement between WEC Energy Group and two major customer groups would limit We Energies' overall electric rate increase to 1.3% in 2020 with no additional rate increase in 2021.
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WEC Energy Group still sees solar as an option for Foxconn’s energy needs

Even with all the changes to Foxconn Technology Group’s plans for its Mount Pleasant campus, the executive chairman of WEC Energy Group says there is still a possibility the utility would at least partially meet the company’s energy needs with a large scale solar array at the site.

Franklin Energy Group to be acquired by Boston-based private equity firm

Port Washington-based Franklin Energy Group will be acquired by Boston-based Abry Partners, which will purchase majority ownership of the company from Mount Kisco, New York-based private equity firm Kohlberg & Company LLC and its other stockholders, according to a news release.

Johnson Controls sets aside $140 million for Marinette cleanup

Johnson Controls International plc has set aside $140 million to address to environmental cleanup of human-made chemicals at its facilities in Marinette, Wisconsin.

Allen Leverett leaving WEC Energy board

Former WEC Energy Group Inc. chief executive officer Allen Leverett has resigned from the company’s board of directors for personal reasons, the Milwaukee-based utility said in a security filing.

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