(MGEE) MGE Energy - Ratings and Ratios

MGE Energy, Inc. is a public utility holding company with a diverse portfolio of operations, primarily in the United States. The company's business is segmented into several key areas, including Regulated Electric Utility Operations, Regulated Gas Utility Operations, Nonregulated Energy Operations, Transmission Investments, and All Other segments. Through these segments, MGE Energy generates, purchases, and distributes electricity and natural gas to customers in Wisconsin and Iowa, leveraging a range of energy sources, including coal-fired, gas-fired, and renewable energy sources.

The company's infrastructure is extensive, with a network of electric distribution lines, underground cables, and substations that provide power to its customers. As of December 31, 2023, MGE Energy owned and operated 835 miles of overhead electric distribution lines and 1,330 miles of underground electric distribution cables, in addition to 49 substations with an installed capacity of 1.2 million kVA. The company's gas facilities include 3,066 miles of distribution mains, supplying electric service to approximately 163,000 customers. This infrastructure is critical to the company's ability to provide reliable and efficient energy services to its customers.

MGE Energy's commitment to energy generation and distribution is complemented by its investment in transmission facilities, which enable the company to provide transmission power services to its customers. The company's generation portfolio includes a mix of energy sources, allowing it to balance its energy output and minimize its environmental impact. With a strong focus on operational efficiency and customer service, MGE Energy has established itself as a leading player in the US energy sector. Founded in 2001 and headquartered in Madison, Wisconsin, the company is listed on the NASDAQ stock exchange under the ticker symbol MGEE, with a web presence at https://www.mgeenergy.com, and its common stock is classified under the GICS Sub Industry: Electric Utilities, with the ISIN US55277P1049.