Wisconsin Electric Power Company PFD 6% - WELPM

Wisconsin Electric Power Company is a subsidiary of Wisconsin Energy. The Company operates in three operating segments: an electric utility segment, a natural gas utility segment and a steam utility segment. It serves approximately 1,122,500 electric customers in Wisconsin and the Upper Peninsula of Michigan, approximately 466,000 gas customers in Wisconsin and approximately 465 steam customers in metropolitan Milwaukee, Wisconsin. The Company generates and distributes electric energy in a territory that includes southeastern, east central and northern Wisconsin and in the Upper Peninsula of Michigan. The Company is authorized to provide retail gas distribution service in designated territories in the state of Wisconsin, as established by indeterminate permits, CPCNs or boundary agreements with other utilities. It also transports customer-owned gas. Its steam utility generates, distributes and sells steam supplied by its Valley and Milwaukee County Power Plants.