MGE Energy Issues First-Quarter Financial Update

Rhea-AI Summary

MGE Energy (Nasdaq: MGEE) released its first-quarter 2021 financial update. The presentation is accessible on their website, outlining the company's current financial status.

Headquartered in Madison, Wisconsin, MGE Energy operates as a public utility holding company, primarily through Madison Gas and Electric. The company boasts total assets of approximately $2.3 billion and reported revenues of around $539 million for 2020.

Positive

• Total assets amount to approximately $2.3 billion.
• 2020 revenues reached approximately $539 million.

Negative

• None.

MGE Energy, Inc. (Nasdaq: MGEE) today issued its first-quarter 2021 financial update presentation.

The update is available on MGE Energy's website at:

mgeenergy.com/financialupdate

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 $2.3 billion, and its 2020 revenues were approximately $539 million.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210507005420/en/

FAQ

What is the latest financial update for MGE Energy (MGEE)?

MGE Energy issued its first-quarter 2021 financial update presentation, available on their website.

Where can I find the financial update presentation for MGE Energy?

The financial update presentation for MGE Energy can be found at mgeenergy.com/financialupdate.

What were MGE Energy's total assets as of 2020?

MGE Energy's total assets were approximately $2.3 billion as of 2020.

What were the reported revenues for MGE Energy in 2020?

MGE Energy reported revenues of approximately $539 million for the year 2020.