Altra sets new records on trading exchange

The number of users on Altrade Power has increased by 25 percent since the beginning of the year, despite slower adoption rates for online trading among power traders as compared to traders of other commodities.

MILWAUKEE, Sept. 10, 2000 — Wisconsin Energy Corp. (WEC) has announced a 10-year, $6 billion growth strategy to improve the supply, reliability and quality of electricity in Wisconsin. Elements of the program include construction of new power generation units, refurbishment or retirement of older generation units, substantial improvements and additions to the company’s electric distribution system, and a reduction in its quarterly common stock dividend to strengthen the company’s financial position and fund growth. The company also announced that the WEC Board of Directors authorized an increase from $200 million to $400 million in the previously announced share repurchase program.

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