MGE Energy Issues May 2021 'Inside View'

Rhea-AI Summary

MGE Energy (Nasdaq: MGEE) showcases its progress in asset growth and renewable energy initiatives in its newsletter Inside View. Key topics include investments in renewable technology, the planned retirement of the Columbia Energy Center, and the establishment of a downtown charging hub for electric vehicles. MGE Energy’s total assets reach approximately $2.3 billion, with reported revenues of $539 million in 2020. The newsletter aims to enhance investor communication and is accessible on their website.

Positive

• Continued investment in renewable technology to transform community energy.
• Planned establishment of a downtown charging hub for electric vehicles.

Negative

• Retirement of the Columbia Energy Center may impact local energy supply.

MGE Energy, Inc. (Nasdaq: MGEE) highlights its asset growth and renewable generation investments in its investor newsletter, Inside View, which also includes the following topics:

- Renewable, technology investments transforming your community energy company

- Planned retirement of the Columbia Energy Center

- Utility’s planned downtown charging hub for electric vehicles

- Company’s Report on Giving

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

http://www.mgeenergy.com/insideview

Inside View is published periodically 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 $539 million.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210519005628/en/

FAQ

What is MGE Energy's stock symbol?

MGE Energy's stock symbol is MGEE.

What are MGE Energy's total assets?

MGE Energy's total assets are approximately $2.3 billion.

What were MGE Energy's revenues in 2020?

MGE Energy's revenues in 2020 were $539 million.

What is discussed in the <i>Inside View</i> newsletter?

The Inside View newsletter discusses asset growth, renewable investments, the retirement of the Columbia Energy Center, and EV charging hub plans.