Item 1.01
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ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.
On, August 14, 2026, Wisconsin Electric Power Company (“WEPCO”) entered into a Power Purchase Agreement ("PPA") with Nextera Energy Point Beach LLC (“NEPB”) to purchase 86% of the capacity, energy, ancillary services and environmental attributes of each of Unit 1 and Unit 2 of the Point Beach Nuclear Power Plant (“Point Beach”). The term of the PPA for each of Unit 1 and Unit 2 is 20 years, commencing October 6, 2030 through October 5, 2050 f...