v3.26.3
INTANGIBLE ASSETS
9 Months Ended
Sep. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
INTANGIBLE ASSETS
NOTE 17—INTANGIBLE ASSETS

Indefinite-Lived Intangible Assets
At September 30, 2026 and December 31, 2025, we had $138.6 million and $12.4 million, respectively, of other indefinite-lived intangible assets. In July 2026, we along with WPS, entered into an option agreement, and we made a refundable payment of $126.2 million for exclusive rights to purchase our share of certain generation projects to be constructed in Wisconsin. In addition, we have $12.4 million of other indefinite-lived assets largely consisting of spectrum frequencies, which enable us to transmit data and voice communications over a wavelength dedicated to us throughout our service territory.