MGE Energy Issues Third-Quarter Financial Update

Rhea-AI Summary

MGE Energy, Inc. (Nasdaq: MGEE) released its third-quarter 2020 financial update today. The comprehensive update can be accessed on MGE Energy's website. As a public utility holding company based in Madison, Wisconsin, MGE Energy oversees Madison Gas and Electric, which operates in Dane County and several other Wisconsin counties. The company reported approximately $2 billion in assets and generated about $569 million in revenues for 2019.

Positive

• MGE Energy has total assets of approximately $2 billion.
• The company reported revenues of about $569 million for 2019.

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• None.

MADISON, Wis.--(BUSINESS WIRE)--MGE Energy, Inc. (Nasdaq: MGEE) today issued its third-quarter 2020 financial update presentation.

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

mgeenergy.com/financialupdate

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 approximately $569 million.