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Home > Company Index > Utilities > Diversified Utilities > Madison Gas and Electric Company

Madison Gas and Electric Company
Nasdaq: MDSN
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 NEWS FROM THE WIRES
Wisconsin Power seeks recovery of Kewaunee costs
Jul 17 2001 11:41 AM PDT

More WIRE STORIES about this company

 PROFILE
Madison Gas and Electric (MGE) warms up Wisconsin winters. The public utility distributes electricity to about 126,000 residential, commercial, and industrial customers and natural gas to about 114,000 customers in southern Wisconsin. MGE's generating capacity is 750 MW; the majority comes from fossil-fueled plants. The firm also uses nuclear and wind sources, and it purchases 10% of its power. As deregulation approaches Wisconsin, MGE is selling its 18% stake in the Kewaunee nuclear plant and is expanding other generation operations. It has turned over its transmission assets to a regional transmission company, of which it owns 6%.

 COMPETITION
ALLETE, Inc. (ALE)
WPS Resources Corporation (WPS)
Wisconsin Energy Corporation (WEC)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 324.10
1-Yr. Sales Growth: 18.2%
Employees: 693
Revenue per employee: $467,676.77

 KEY PEOPLE
• Gary J. Wolter
    CEO
• Terry A. Hanson
    CFO

 CONTACT INFO
133 S. Blair St.
Madison, WI 53703
US
Phone: 608-252-7000
Fax: 608-252-4714
Online: Web Site

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