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We Energies Says Oracle Dispute Won’t Disrupt Port Washington Data Center Plan

Oracle logoOracle
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WEC Energy Group logoWEC Energy Group
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We Energies told shareholders the dispute between Oracle and Wisconsin regulators over new credit-rating requirements for data center operators will not threaten a planned hyperscale data center in Port Washington. The Wisconsin Public Service Commission approved a rate structure in April that sets a AAA- threshold and collateral to protect ratepayers from potential cost shifts if an operator becomes insolvent. The PSC declined We Energies’ request to revisit the rule.

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