MGE Energy Issues December 2022 'Interim Report'

Rhea-AI Summary

MGE Energy, Inc. (Nasdaq: MGEE) released its annual Corporate Responsibility and Sustainability Report in its latest quarterly investor newsletter, 'Interim Report.' Highlights include a new newsletter schedule for 2023, third-quarter earnings, approval of EV managed charging pilots, and recognition as a Green Master for the ninth consecutive year. The newsletter aims to keep investors informed about MGE Energy and its subsidiary, Madison Gas and Electric. MGE Energy’s assets are valued at approximately $2.4 billion, with revenues around $607 million in 2021.

Positive

• Approval of EV managed charging pilots enhances sustainability initiatives.
• Recognition as Green Master for the ninth time reinforces environmental commitment.

Negative

• None.

MADISON, Wis.--(BUSINESS WIRE)-- MGE Energy, Inc. (Nasdaq: MGEE) highlights the release of its annual Corporate Responsibility and Sustainability Report in its latest investor newsletter, "Interim Report," which includes the following topics:

- New newsletter schedule in 2023
- Third-quarter earnings
- Approval of MGE's EV managed charging pilots
- MGE named Green Master for ninth time
- Tax information
- Lobbying efforts

The newsletter is available on MGE Energy's website at: https://www.mgeenergy.com/interimreport

Interim Report is published quarterly to provide investors with information about MGE Energy and its primary subsidiary, Madison Gas and Electric.

About MGE Energy

MGE Energy is an investor-owned public utility holding company headquartered in the state capital of Madison, Wis. It is the parent company of Madison Gas and Electric, which generates and distributes electricity in Dane County, Wis., and purchases and distributes natural gas in seven south-central and western Wisconsin counties. MGE Energy's assets total approximately $2.4 billion, and its 2021 revenues were approximately $607 million.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221215005676/en/

Investor relations contact

Ken Frassetto

Director Shareholder Services and Treasury Management

608-252-4723 | kfrassetto@mge.com

Source: MGE Energy, Inc.

FAQ

What are the highlights of MGE Energy's latest investor newsletter?

MGE Energy's latest investor newsletter highlights include a new newsletter schedule, third-quarter earnings, approval of EV managed charging pilots, and being named Green Master for the ninth time.

When will MGE Energy publish its next newsletter?

MGE Energy has announced a new newsletter schedule for 2023.

What is the financial status of MGE Energy as of 2021?

MGE Energy has assets totaling approximately $2.4 billion and reported revenues of around $607 million in 2021.

How does MGE Energy support sustainability?

MGE Energy supports sustainability through initiatives like EV managed charging pilots and maintaining its Green Master status.