MGE Energy

MGE Energy, Inc.

Company type	Public
Industry	Utility
Predecessor	Madison Gas and Electric Co.
Founded	2001
Headquarters	Madison , United States
Area served	South-central and southwestern Wisconsin
Products	Electricity and natural gas generation and distribution
Website	www.mgeenergy.com

MGE Energy: Based in Madison, Wisconsin, MGE Energy, Inc. (Nasdaq: MGEE) operates as a utility holding company. Its main subsidiary, Madison Gas and Electric Co., is responsible for generating and distributing both electricity and natural gas to clients located in the south-central and southwestern regions of Wisconsin.

Subsidiaries

MGE Energy manages a portfolio of eight subsidiaries:

• Madison Gas and Electric Co. (MGE), a regulated utility serving approximately 146,000 electric customers and 152,000 natural gas customers.
• MGE Power, which owns facilities including the West Campus Cogeneration Facility in Madison and the Elm Road Generating Station situated in Oak Creek.
• MGE Transco Investment, holding stakes in American Transmission Co. through both MGE and MGE Energy.
• MGE Services, specializing in construction and related operational services.
• Central Wisconsin Development Corp., dedicated to fostering economic development within the service area of MGE.
• MAGAEL, tasked with managing properties acquired for prospective utility plant growth.
• North Mendota Energy & Technology Park, responsible for property ownership and overseeing development projects.

History

Tracing its origins back over 150 years in Madison, the company initiated electric service in 1888 under the name Madison Electric Co., which was renamed Four Lakes Light and Power Co. in 1892. It was incorporated as Madison Gas and Electric Co. in 1896. The formation of MGE Energy, Inc. as a holding company occurred in 2001, with Madison Gas and Electric Co. becoming its primary subsidiary.

External links

• Official MGE Energy website