MGE Energy Issues October 2020 'Inside View'

Rhea-AI Summary

MGE Energy, Inc. (Nasdaq: MGEE) celebrates 45 years of consecutive dividend increases in its investor newsletter, Inside View. Key highlights include recent leadership changes, ambitious investments in renewable energy aimed at driving asset growth, proposed rate changes for 2021, and plans to electrify its fleet. With assets totaling approximately $2 billion and 2019 revenues of $569 million, MGE Energy continues to strengthen its position in the market.

Positive

• 45 years of consecutive dividend increases
• Investment in renewable energy indicates future growth potential
• Proposed rate changes may enhance revenue
• Electrification of the fleet aligns with sustainability trends

Negative

• None.

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy, Inc. (Nasdaq: MGEE) highlights its 45 years of dividend increases in its investor newsletter, Inside View, which also includes the following topics:

• MGE leadership changes
• Investment in renewable energy driving asset growth
• Proposed rate changes for 2021
• MGE's goal to electrify its fleet

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 billion, and its 2019 revenues were $569 million.