MGE Energy, Inc. (Nasdaq: MGEE) is an investor-owned public utility holding company headquartered in Madison, Wis.

MGE Energy is built on the solid tradition of dividend income and stock price appreciation. MGE Energy has paid dividends since 1909 and is one of only six U.S. investor-owned electric utilities to increase dividends for 33 consecutive years.

Its primary asset is Madison Gas and Electric Co. (MGE), a regulated utility providing natural gas and electric service and promoting economic development.

MGE:

• Generates and distributes electricity to 137,000 customers in Dane County
• Purchases and distributes gas to 141,000 customers in seven south-central and western Wisconsin counties

At year-end 2008, MGE Energy's total assets grew to nearly $1.3 billion. Significant capital investments include:

• Capital expenditures toward MGE Power Elm Road's ownership interest in the Elm Road coal plant under construction at Oak Creek, Wis.
• Capital expenditures toward MGE's ownership interest in a wind-powered electric generating plant constructed in Worth County, Iowa.

*Includes capital expenditures for MGE Power West Campus and MGE Power Elm Road

The MGE Energy family also includes:

Central Wisconsin Development Corporation – assists new and expanding businesses throughout central Wisconsin by participating in planning, financing, property acquisition, joint ventures and associated activities.

MAGAEL, LLC – holds title to property acquired by the company for future utility plant expansion and nonutility property.

MGE Construct LLC – provides construction services for building new generation to meet the needs of MGE customers.

MGE Power LLC – owns real estate and new generating assets required to meet MGE's growing customer demand.

MGE Power Elm Road, LLC – has an 8.33% undivided ownership interest in two coal-fired generating plants being constructed in Oak Creek, Wisconsin. MGE Power Elm Road is a wholly owned subsidiary of MGE Power. MGE Power Elm Road will lease their share of the coal-fired generating plant to MGE through a long-term lease agreement.

MGE Power West Campus, LLC – owns a controlling interest in the electric generating assets related to the West Campus Cogeneration Facility. MGE Power West Campus is a wholly owned subsidiary of MGE Power. MGE Power West Campus leases their share of these assets to MGE through a long-term lease agreement.

MGE Transco Investment LLC – invests in companies engaged in the business of providing electric transmission services, such as American Transmission Company.