MGE Energy

IPO

Home - MGE Energy, Inc. - Madison, Wisconsin

Public · Madison, United States · Founded 2001 · $250.0M raised

Headquarters
Madison, Wisconsin
Employees
1001–5000
Founded
2001
Business Model
B2C
Total Funding
$250.0M
Last Round
$250.0M Corporate RoundMay 2026
Rounds
1
Type
Public

About

MGE Energy, Inc. is a public utility holding company headquartered in Madison, Wisconsin, incorporated in 2001 as the parent of Madison Gas and Electric Co. (MGE). Madison Gas and Electric traces its roots to 1896 when the Four Lakes Light and Power Company and the Madison City Gas Light and Coke Co. merged; predecessor operations date to 1855. As a regulated utility, MGE serves approximately 172,000 electric and 154,000 natural gas customers across the Madison metropolitan area and surrounding Wisconsin counties. MGE Energy has pursued an aggressive renewable energy strategy, owning solar, wind, and battery storage assets, and has committed to net-zero carbon emissions by 2050.

Summary

MGE Energy is an Energy company based in Madison, United States, founded in 2001. It has raised $250.0M in total across 1 round, most recently a $250.0M Corporate Round round in May 2026.

Tech & App Stack

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Funding History

Corporate RoundCorporate RoundMay 2026
$250.0M

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