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MGE Energy Inc. (MGEE)

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45.36 Down 0.03(0.07%) May 25, 4:00PM EDT|After Hours: 45.36 0.00 (0.00%) May 25, 4:47PM EDT

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MGE Energy Inc.
133 South Blair Street
Madison, WI 53703
United States - Map
Phone: 608-252-7000
Fax: 608-252-7098
Website: http://www.mgeenergy.com

Details 
Index Membership:N/A
Sector:Utilities
Industry:Diversified Utilities
Full Time Employees:N/A

Business Summary 

MGE Energy, Inc., through its subsidiaries, operates as a public utility holding company in Wisconsin. The company engages in the generation, purchase, transmission, and distribution of electricity; and purchase and distribution of natural gas. It generates electricity from coal, natural gas, fuel oil, and renewable sources, as well as purchases power under short and long-term commitments. The company owns gas fired combustion turbines that have a total of 156 Megawatt (MW) net summer rated capacity; 30 MW consisting of 18 turbines in a wind-powered electric generating facility; and 11 MW consisting of 17 turbines in a wind-powered electric generating facility. It serves residential, commercial, and industrial customers, as well as public authorities, other utilities, power marketers, and transportation services. As of November 18, 2011, the company generated and distributed electricity to 139,000 customers in Dane County, Wisconsin; and purchased and distributed natural gas to 143,000 customers in seven south-central and western Wisconsin counties. It also invests in companies engaged in the provision of electric transmission services. MGE Energy, Inc. was founded in 1855 and is headquartered in Madison, Wisconsin.

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Corporate Governance 
MGE Energy Inc.’s Governance Risk Indicator (GRI®) as of May 1, 2012 is: Audit (Low Concern), Board (Medium Concern), Compensation (High Concern), Shareholder Rights (Medium Concern).
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Mr. Gary J. Wolter , 57
Chairman, Chief Exec. Officer, Pres, Member of Exec. Committee, Chairman of Madison Gas & Electric Company, Chief Exec. Officer of Madison Gas & Electric Company and Pres of Madison Gas & Electric Company
818.00K0.00
Mr. Jeffrey C. Newman , 49
Chief Financial Officer, Principal Accounting Officer, VP, Sec., Treasurer, VP of Madison Gas & Electric Company and Treasurer of Madison Gas & Electric Company
383.00K0.00
Mr. Scott A. Neitzel , 51
Sr. VP
405.00K0.00
Ms. Kristine A. Euclide , 59
VP, Gen. Counsel, VP of Madison Gas & Electric Company and Gen. Counsel of Madison Gas & Electric Company
391.00K0.00
Ms. Lynn K. Hobbie , 53
Sr. VP of Madison Gas & Electric Company
N/AN/A
Amounts are as of Dec 30, 2011 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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