MGE Energy Issues June 2021 'Interim Report'

Rhea-AI Summary

MGE Energy (Nasdaq: MGEE) has announced plans for Wisconsin's largest solar battery project in its latest investor newsletter. The 'Interim Report' covers several key updates, including the virtual annual meeting of shareholders, proposed rate changes, first-quarter earnings, and recent safety awards. MGE Energy, headquartered in Madison, Wis., has assets of around $2.3 billion and reported revenues of approximately $539 million in 2020. The full newsletter is accessible on their website.

Positive

• Announcement of Wisconsin's largest solar battery project.
• Completion of virtual annual shareholders' meeting.
• Proposed rate changes may improve operational efficiency.
• Recognition with safety awards, indicating strong safety standards.

Negative

• None.

MGE Energy, Inc. (Nasdaq: MGEE) highlights plans for the state’s largest solar battery project in its latest investor newsletter, "Interim Report," which also includes the following topics:

- Virtual annual meeting of shareholders held

- MGE proposes rate changes

- MGE Energy reports first-quarter earnings

- MGE recognized with safety awards in April

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

View source version on businesswire.com: https://www.businesswire.com/news/home/20210615005911/en/

FAQ

What is the latest update from MGE Energy regarding solar projects?

MGE Energy has announced plans for Wisconsin's largest solar battery project in its latest 'Interim Report'.

What are the details of MGE Energy's first-quarter earnings?

The details of MGE Energy's first-quarter earnings were included in their latest investor newsletter.

What safety achievements has MGE Energy received recently?

MGE Energy was recognized with safety awards in April, highlighting its commitment to safety.

Where can I find MGE Energy's interim report?

MGE Energy's interim report is available on their official website.

What are the proposed rate changes by MGE Energy?

MGE Energy has proposed rate changes, details of which are discussed in their 'Interim Report'.