Oak Creek Power Plant Ups Company's Profits

Wisconsin Energy had a good second quarter thanks in part to its power plant in Oak Creek.

Earnings from the company's "Power the Future" plan increased by 3 cents a share, driven by an investment of $668 million in the second Oak Creek generating unit. The unit began commercial service in January 2011.

Net income from continuing operations was $98 million, or 41 cents a share, for the second quarter of 2011. That's up from $88 million, or 37 cents a share, during the second quarter of 2010.

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