MGE Energy, Inc.
Industry Group: Utilities
Country/Region: United States of America
Identifier: NAS:MGEE
MGE Energy provides electric service to 161,000 customers and natural gas service to 173,000 customers in Madison, Wisconsin, and surrounding areas. Nearly 90% of customers are residential. The company also owns a 3.6% stake in American Transmission Co. MGE owns interests in two coal power plants that earn guaranteed fixed rates of return, contributing about 20% of earnings. MGE's generation mix is 40% coal, 21% renewable energy, 17% natural gas, and third-party purchased power.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Utilities 274 out of 648
Universe
Global Universe 9396 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Enel Chile SA |
16.1
Low
|
48 out of 648 |
| Neoenergia SA |
27.4
Medium
|
250 out of 648 |
| MGE Energy, Inc. |
28.1
Medium
|
274 out of 648 |
| Energisa SA |
29.6
Medium
|
311 out of 648 |
| ALLETE, Inc. |
32.8
High
|
377 out of 648 |
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