About MGE Energy
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 five U.S. investor-owned electric utilities to increase dividends for 38 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.
At year-end 2013, MGE Energy's assets total nearly $1.6 billion.
*Includes capital expenditures for MGE Power West Campus and MGE Power Elm Road.
The MGE Energy family also includes:
- Madison Gas and Electric Co. – a regulated utility that generates and distributes electricity to approximately 141,000 customers in Dane County, Wisconsin, and purchases and distributes natural gas to approximately 147,000 customers in seven Wisconsin counties.
- MGE Power LLC – owns MGE Power West Campus, LLC and MGE Power Elm Road, LLC.
- 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 has leased its share of these assets to Madison Gas and Electric Company through a long-term lease agreement.
- MGE Power Elm Road, LLC – owns an 8.33% undivided ownership interest in two coal-fired generating units in Oak Creek, Wisconsin. MGE Power Elm Road has leased its share of the generating units to Madison Gas and Electric Company through separate long-term lease agreements.
- MGE Transco Investment LLC – owns a minority equity interest in American Transmission Company LLC, which owns and operates electric transmission facilities in Wisconsin.
- Central Wisconsin Development Corporation – assists new and expanding businesses throughout central Wisconsin by participating in planning, financing, property acquisition, joint ventures and associated activities.
- North Mendota Energy & Technology Park, LLC – owns property and serves as the development entity for the property.
- MAGAEL, LLC – holds title to property for future utility plant expansion and nonutility property.
- MGE Construct LLC – provides construction services for building new generation to meet the needs of Madison Gas and Electric Company customers.
- NGV Fueling Services, LLC – installs, owns and maintains equipment used to fuel natural gas powered vehicles.