Eaton gains on Wisconsin solar project addition to power regional manufacturing

WEC Energy

24/07/2025 16:37

** Shares of electrical equipment maker Eaton ETN.N rise around 1% to $383.96

** Company adds solar project in Wisconsin with We Energies, a unit of utility WEC Energy WEC.N, for powering regional manufacturing and to drive carbon reduction at its operations

** ETN expects the 4 megawatt (MW) solar project to meet 30% of the annual carbon reduction goals at five Eaton sites in Franksville, South Milwaukee, Menomonee Falls and two Waukesha facilities

** ETN says combined with previous energy efficiency upgrades, the initiative will support a 58% reduction in its greenhouse gas emissions across the state since 2018

** The project will be energized in early 2026

** Including session's moves, ETN shares up 15.8% YTD

(Reporting by Sumit Saha in Bengaluru)

((Sumit.Saha@thomsonreuters.com;))