MGE Energy Issues Fourth-Quarter Financial Update

Rhea-AI Summary

MGE Energy (Nasdaq: MGEE) released its fourth-quarter 2020 financial update, available on their website. The company, headquartered in Madison, Wisconsin, operates as an investor-owned public utility holding firm. MGE Energy’s assets are approximately $2.3 billion, with reported revenues around $539 million for 2020. The update provides stakeholders with insights into financial performance and operational metrics.

Positive

• Assets total approximately $2.3 billion.
• 2020 revenues were approximately $539 million.

Negative

• None.

MGE Energy, Inc. (Nasdaq: MGEE) today issued its fourth-quarter 2020 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/20210225006082/en/

FAQ

What are the assets of MGE Energy (MGEE)?

MGE Energy's assets total approximately $2.3 billion.

What were MGE Energy's revenues for 2020?

MGE Energy reported approximately $539 million in revenues for 2020.

Where can I find MGE Energy's fourth-quarter financial update?

The fourth-quarter financial update is available on MGE Energy's website.