MGE Energy Receives High Marks for Financial Strength
For more than decade, MGE Energy has received top ratings for its financial strength and safety from Value Line, Inc., a New York-based independent investment research firm.
According to Value Line: "Stocks with high safety ranks are often associated with large, financially sound companies."
MGE Energy remains committed to strong financial fundamentals as we project an increase in our capital expenditures. In 2016, MGE Energy made $84 million in investments. By comparison, the company is on track to invest $114 million in 2017.
We project that we will invest a total of nearly $400 million over the next three years. These investments will touch a variety of areas from new customer information technology systems to a new $107 million wind farm to steady investments in our gas and electric infrastructure.