MGE Energy posts AGA Financial Forum presentation outlining $1.9 billion 2026-2030 capital plan

Reuters2026/08/10 13:01

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MGE Energy outlined a $1.9 billion capital plan for 2026-2030, including $203 million to buy a 33% stake in the RockGen gas plant.
RockGen interest covers 168 MW of a 503-MW natural gas combustion turbine; transaction expected to close in late 2027, subject to PSCW approval.
Regulators set a 9.8% authorized ROE with a roughly 56% equity layer through 2027; 2026 base rates rise 0.15% electric, 2.77% gas.
2027 base rates increase 3.63% electric, 2.04% gas; average electric rate base $1.35 billion in 2026, $1.54 billion in 2027.
Equity funding through 2030 secured with a $250 million offering in May 2026; flexibility to use a $100 million at-the-market program.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MGE Energy Inc. published the original content used to generate this news brief on August 10, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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MGE Energy posts AGA Financial Forum presentation outlining $1.9 billion 2026-2030 capital plan

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