MGE Energy

Last updated
MGE Energy, Inc.
Company type Public
Nasdaq:  MGEE
Russell 2000 component
S&P 600 component
IndustryElectricity and Natural Gas Utility
Headquarters,
Products electricity, natural gas, green energy options
Total assets Increase2.svg US$1.731 billion (FY 2015)
Website www.mgeenergy.com

MGE Energy: MGE Energy, Inc. (Nasdaq: MGEE) is a utility holding company based in Madison, Wisconsin. Its main subsidiary, Madison Gas and Electric Co., produces and distributes electricity and distributes natural gas. [1] [2]

Contents

Subsidiaries

MGE Energy is the parent corporation and holding company of eight subsidiaries.

History

The company's history in the Madison area date back more than 150 years. In 1888, as the renamed Madison Electric Co., it began delivering electric service. In 1892, the Four Lakes Light and Power Co. succeeded Madison Electric Co. and operated as Madison's electricity provider for the next four years. In 1896, the local utility incorporated to become Madison Gas and Electric Co.

In 2001, the company formed a holding company named MGE Energy, Inc. − and Madison Gas and Electric Co. became its main subsidiary.

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References

  1. "Archived copy" (PDF). Archived from the original (PDF) on 2016-08-17. Retrieved 2016-07-01.{{cite web}}: CS1 maint: archived copy as title (link)
  2. "MGE Energy Issues September 2023 'Inside View'". Energy Central. 2023-09-18. Retrieved 2023-09-21.