<SEC-DOCUMENT>0001104659-22-098288.txt : 20220908
<SEC-HEADER>0001104659-22-098288.hdr.sgml : 20220908
<ACCEPTANCE-DATETIME>20220907175827
ACCESSION NUMBER:		0001104659-22-098288
CONFORMED SUBMISSION TYPE:	424B3
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20220908
DATE AS OF CHANGE:		20220907

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WEC ENERGY GROUP, INC.
		CENTRAL INDEX KEY:			0000783325
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRIC & OTHER SERVICES COMBINED [4931]
		IRS NUMBER:				391391525
		STATE OF INCORPORATION:			WI
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		424B3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-249542
		FILM NUMBER:		221232067

	BUSINESS ADDRESS:	
		STREET 1:		231 W MICHIGAN ST
		STREET 2:		P O BOX 1331
		CITY:			MILWAUKEE
		STATE:			WI
		ZIP:			53201
		BUSINESS PHONE:		414-221-2345

	MAIL ADDRESS:	
		STREET 1:		231 WEST MICHIGAN STREET
		STREET 2:		P O BOX 1331
		CITY:			MILWAUKEE
		STATE:			WI
		ZIP:			53201

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	WISCONSIN ENERGY CORP
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
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<TYPE>424B3
<SEQUENCE>1
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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 5.55pt 0pt 5.5in; text-align: right">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">Filed pursuant to Rule 424(b)(3)</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">Registration No. 333-249542</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>PROSPECTUS SUPPLEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(To Prospectus dated October 19, 2020)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 5.65pt">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 156.65pt; text-align: center">WEC Energy Group, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 156.7pt 0pt 156.65pt; text-align: center"><B>Stock Plus Investment Plan</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">This prospectus supplement amends
our prospectus dated October 19, 2020 (the &ldquo;Prospectus&rdquo;), filed as part of our registration statement on Form S-3ASR (Registration
No. 333-249542) related to our Stock Plus Investment Plan (the &ldquo;Plan&rdquo;). This prospectus supplement should be read in conjunction
with the Prospectus, is qualified by reference to the Prospectus, and may not be delivered without the Prospectus. Except as expressly
stated in this prospectus supplement, all information set forth in the Prospectus is unchanged. Capitalized terms used in this prospectus
supplement but not defined herein will have the same meanings as specified in the Prospectus.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Our common stock is traded on
the New York Stock Exchange under the symbol &ldquo;WEC.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>Investing in our common stock involves various
risks. Before participating in the Plan or before purchasing shares of our common stock, see &ldquo;Risk Factors&rdquo; on page 3 of
the accompanying Prospectus.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>Neither the Securities and
Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if this prospectus
supplement or the Prospectus is truthful or complete. Any representation to the contrary is a criminal offense.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B></B></P>

<P STYLE="margin: 0pt 0">&nbsp;</P>

<P STYLE="margin: 0pt 0"></P>

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<P STYLE="margin: 0pt 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><I>This prospectus supplement constitutes
part of the Prospectus and should be retained for future reference.</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>The date of this prospectus supplement
is</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>September 8, 2022</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">This supplement updates information contained in the Prospectus relating to the purchase of Plan shares. In addition, the following change
will be effective October 4, 2022:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 13.75pt 0pt 36.75pt; text-indent: 0in">The Plan is implementing a change for receipt of funds by check or electronic funds transfer (&ldquo;ETF&rdquo;).
The plan administrator will wait up to three business days after receipt of funds by check or ETF before purchasing shares for optional
cash investment. Accordingly, if a participant in the Plan elects to make optional cash payments by check or ETF, the Plan administrator
must receive these funds at least three business days prior to the related investment date. This updates the current requirement that
funds reach the Plan administrator at least one business day before an investment date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Accordingly, effective October 4, 2022, Question 7, <I>&ldquo;When
are shares purchased under the Plan&rdquo;, </I>on page 7 of the Prospectus<I>, </I>is revised to read as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&ldquo;7. &#9;&nbsp;&nbsp;&nbsp;When are shares purchased under the
plan?</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><I>Optional Cash Investments</I>. Purchases for
optional cash investments are made twice each month, beginning on the first and the fifteenth day of each month, or the next business
day if the first or the fifteenth falls on a weekend or holiday. Depending on the number of shares being purchased and current trading
volume in the shares, purchases may be executed in multiple transactions and may be made over more than one day. Your cash investment
must reach the plan administrator at least three business days before an investment date. If your investment is received too late to be
invested on a particular investment date, it will be held until the next investment date, without interest.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><I>Automatic Investment Option</I>. If you participate
in the automatic investment option, your investment will be deducted from your bank account on the 25th day of the month, or if such date
is not a business day, on the next business day, and invested on the first business day of the following month.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><I>Dividend Reinvestments</I>. Dividends reinvested
under the plan are invested on the dividend payment dates, generally March 1, June 1, September 1, and December 1, or the first business
day following a payment date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">When purchasing shares on the open market, the
plan administrator, at its discretion, may purchase the shares over a period of several days in order to minimize price fluctuations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The plan administrator will make every effort to
invest funds in common stock as soon as practicable on or after each investment date. In the event that any portion of any cash dividends
or initial or optional cash investments paid to the plan administrator under the plan is not invested within 30 days after the dividend
payment date or within 35 days after receipt of cash investments, that portion will be returned to the participants affected without interest.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Upon notification by WEC Energy Group of a pending
dividend payment date, the plan administrator may, at its discretion, purchase common stock beginning three business days in advance of
the dividend payment date.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

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