MGE Energy Issues June 2022 'Interim Report'

Rhea-AI Summary

MGE Energy, Inc. (Nasdaq: MGEE) recently released its 'Interim Report,' summarizing key topics from its annual meeting. Highlights include renewable energy investments, innovative customer partnerships, and first-quarter earnings. The company plans to expand its managed electric vehicle charging services for customers. MGE Energy’s total assets are approximately $2.4 billion, with 2021 revenues around $607 million. The full report can be accessed on their website.

Positive

• Renewable energy investments and innovative partnerships can enhance growth opportunities.
• Expansion into managed electric vehicle charging showcases adaptability to market trends.

Negative

• None.

MADISON, Wis.--(BUSINESS WIRE)-- MGE Energy, Inc. (Nasdaq: MGEE) highlights its annual meeting report in its latest investor newsletter, "Interim Report," which includes the following topics:

• Industry-leading goals, renewable energy investments and innovative customer partnerships
• First-quarter earnings
• Plans to expand managed electric vehicle charging with customers

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/20220616005892/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 from MGE Energy's recent Interim Report?

MGE Energy's Interim Report highlights renewable energy investments, innovative customer partnerships, and plans to expand managed electric vehicle charging.

What is MGE Energy's total asset value?

MGE Energy's total assets are approximately $2.4 billion.

What were MGE Energy's revenues for 2021?

MGE Energy's revenues for 2021 were approximately $607 million.

How can I access MGE Energy's Interim Report?

MGE Energy's Interim Report can be accessed on their official website.