MGE Energy (NASDAQ:MGEE), Inc. is a public utility holding company headquartered in Madison, Wisconsin. Through its principal subsidiary, Madison Gas and Electric Company (MGE), the company provides regulated electric and natural gas distribution services to residential, commercial and industrial customers in south-central Wisconsin. MGE Energy’s operations encompass the generation, transmission and distribution of electricity as well as the purchase and distribution of natural gas, with an emphasis on reliable service and system resilience.
Since reorganizing as a holding company in 2001, MGE Energy has expanded its portfolio to include nonregulated subsidiaries involved in renewable energy development, energy services and infrastructure support. These entities pursue solar and wind projects, energy efficiency programs and demand-side management solutions designed to help customers reduce consumption and environmental impact. The company’s approach reflects a strategic balance between traditional generation assets and innovative clean energy initiatives.
With roots tracing back to the late 19th century, MGE Energy has evolved alongside the region it serves. Over its history, it has participated in regional power generation partnerships, including stakes in coal, natural gas and nuclear facilities, while adapting to shifts in regulation and energy market dynamics. The company collaborates with municipalities, businesses and community organizations to foster economic development and improve energy infrastructure across its service territory.
Under the leadership of President and Chief Executive Officer Jeffrey L. Keebler, MGE Energy continues to focus on sustainable growth, operational excellence and customer engagement. The management team prioritizes long-term planning and financial discipline, guiding the company’s efforts to meet evolving energy needs and regulatory standards. Through strategic investments and community partnerships, MGE Energy aims to deliver reliable, affordable and increasingly sustainable energy solutions for Wisconsin customers.
