MGE Energy, Inc. (NASDAQ: MGEE) is a diversified public utility holding company headquartered in Madison, Wisconsin. Through its principal subsidiary, Madison Gas and Electric Company, the company provides regulated electric and natural gas delivery services to residential, commercial and industrial customers in south-central Wisconsin. MGE Energy’s regulated utilities maintain and operate generation facilities, transmission lines and distribution networks to ensure reliable service across urban and rural communities.
In addition to its core utility operations, MGE Energy conducts non-regulated business activities through subsidiaries and partnerships focused on energy infrastructure and renewable development. These ventures include natural gas pipeline investments, renewable energy projects such as solar and wind generation, and battery storage solutions. The company’s strategic investments seek to complement its utility assets while advancing its commitment to clean energy and carbon reduction.
Tracing its roots back to the formation of Madison’s electric street railway in the late 19th century, MGE Energy was established as a holding company in 2001 to support growth and diversification. Today, the company serves more than 160,000 electric customers and 155,000 natural gas customers in communities surrounding Madison, including Fitchburg, Middleton and Stoughton. Its service territory spans approximately 1,230 square miles of south-central Wisconsin.
MGE Energy is led by President and Chief Executive Officer Jeffrey D. Keebler and an experienced executive team supported by a board of directors with deep expertise in energy, finance and public policy. The company also advances its mission through community initiatives and the MGE Foundation, which invests in local education, environmental stewardship and economic development programs.
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