MGE Energy Issues September 2021 'Interim Report'

Rhea-AI Summary

MGE Energy, Inc. (Nasdaq: MGEE) released its second-quarter earnings in the latest "Interim Report." Highlights include a groundbreaking ceremony for a significant solar project and the opening of O’Brien Solar Fields to customers. The company has also appointed a former Madison police chief to its Boards of Directors. MGE Energy, based in Madison, Wis., operates Madison Gas and Electric, with total assets of approximately $2.3 billion and 2020 revenues around $539 million. The full report is available on their website.

Positive

• Groundbreaking ceremony for a large solar project signifies investment in renewable energy.
• Opening of O’Brien Solar Fields expands customer access to sustainable energy.

Negative

• None.

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

- MGE hosts groundbreaking ceremony for large solar project

- O’Brien Solar Fields welcomes customers

- Former Madison police chief appointed to Boards of Directors

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/20210915005753/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 recent highlights from MGE Energy's second-quarter earnings report?

MGE Energy's second-quarter earnings report includes a groundbreaking ceremony for a large solar project and the opening of O’Brien Solar Fields.

What is the significance of the solar project announced by MGE Energy?

The solar project demonstrates MGE Energy's commitment to renewable energy initiatives.

Who was appointed to MGE Energy's Boards of Directors?

A former Madison police chief was appointed to the Boards of Directors of MGE Energy.

Where can I find MGE Energy's Interim Report?

MGE Energy's Interim Report is available on their official website.

What are MGE Energy's total assets and revenues?

MGE Energy has total assets of approximately $2.3 billion and reported revenues of about $539 million in 2020.