|EXHIBIT 21                                                                                                                                                       
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------
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|ORGANIZATIONAL CHART SHOWING THE RELATIONSHIP OF EACH
      EWG
      OR
      FOREIGN UTILITY COMPANY TO ASSOCIATE COMPANIES
      IN THE HOLDING COMPANY SYSTEM
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|WPS RESOURCES CORPORATION *                                                                                                                                      
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<PAGE>

|EXHIBIT 21                                                                                                                                                       
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------
|                                                                                                                                                                 
|ORGANIZATIONAL CHART SHOWING THE RELATIONSHIP OF EACH
      EWG
      OR
      FOREIGN UTILITY COMPANY TO ASSOCIATE COMPANIES
      IN THE HOLDING COMPANY SYSTEM
|                                                                                                                                                                 
|                                                                                                                                                                 
|WPS RESOURCES CORPORATION *                                                                                                                                      
|                                                                                                                                                                 
|                                                                                                                                                                 
|                                                                                                                                                                 
|                                                                                                                                                                 
|                                                                                                                                                                 
|*                                                                                                                                                                
|**                                                                                                                                                               

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