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Alex on for Shar Pourreza

Managing Director and equity research analyst at Wells Fargo

Shar Pourreza is a Managing Director and equity research analyst at Wells Fargo Securities, specializing in the utilities sector with a focus on electric and power utilities. He covers major companies including Southern Company, delivering insightful analysis for investors in the energy infrastructure space, though specific performance metrics such as TipRanks rankings or success rates are not publicly detailed in available sources. Pourreza has built his career in equity research on utilities, with prior experience at firms including Guggenheim Partners where he served as Senior Managing Director and Head of North Energy and Power and Utilities, before joining Wells Fargo. His professional credentials include standard industry registrations typical for Wall Street analysts handling covered securities.

Alex on for Shar Pourreza's questions to WEC ENERGY GROUP (WEC) leadership

Question · Q4 2025

Alex, on behalf of Shar Pourreza from Wells Fargo, asked about additional interest from other hyperscaler customers, WEC Energy Group's strategy for attracting customers despite local opposition, and the reasons for the 6.5%-7% growth in 2026-2027 compared to the 7%-8% long-term outlook.

Answer

Scott Lauber, CEO of WEC Energy Group, noted confidence in attracting customers through increased transparency and the very large customer (VLC) tariff, which protects other customers. He added that the growth rate mirrors the capital plan's ramp-up, with the additional $1 billion investment strengthening the long-term outlook.

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