• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishGo to App
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEWLLM Arena
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form DEFA14A filed by MGE Energy Inc

    4/4/25 11:20:57 AM ET
    $MGEE
    Electric Utilities: Central
    Energy
    Get the next $MGEE alert in real time by email
    DEFA14A 1 2024_video_transcript.htm DEFA14A DEFA14A

     

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

     

     

     

    SCHEDULE 14A

     

    Proxy Statement Pursuant to Section 14(a) of the

    Securities Exchange Act of 1934

     

     

     

     

    Filed by registrant: ☒    Filed by a Party other than the Registrant: ☐

     

    Check the appropriate box:

     

    ☐ Preliminary Proxy Statement

     

    ☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))

     

    ☐ Definitive Proxy Statement

     

    ☒ Definitive Additional Materials

     

    ☐ Soliciting Material under §240.14a-12

     

    MGE Energy, Inc.

    (Name of Registrant as Specified In Its Charter)

     

    (Name of Person(s) Filing Proxy Statement, if other than the Registrant)

     

    Check the appropriate box:

     

    ☒ No Fee Required

     

    ☐ Fee paid previously with preliminary materials

     

    ☐ Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a6(i)(1) and 0-11

     

     

     

     

     

     

     

     

     

     

     

     

    1

     


     

    The following is a transcription of Chairman, President and CEO Jeffrey Keebler's video message prepared by MGE Energy, Inc., and posted at mgeenergy.com on or about April 4, 2025, and at proxyvote.com on April 4, 2025.

     

    A Proxy Statement has been filed with the Securities and Exchange Commission and is available for free at the Commission's website at sec.gov. The Proxy Statement is being mailed on or about April 4, 2025, to shareholders. Shareholders are urged to read the Proxy Statement as it contains important information. The Proxy Statement provides information regarding the participants in the solicitation.

     

    Video by Jeff Keebler, Chairman President and CEO of MGE and MGE Energy.

     

    (This video includes forward-looking statements and estimates of future performance that may differ from actual results because of uncertainties and risks encountered in day-to-day business.)

     

    Your Community Energy Company is leading a powerful clean energy transition…

    investing in cost-effective generation to reduce carbon emissions…

    to deliver for our customers…

    to power our communities safely…reliably…affordably and sustainably .

     

    "Tyto Solar was energized in February of 2024. The sheep play a great role at this site. It's really cool…it's called agrivoltaics. So, the sheep are here to make sure that none of the plants go above the solar panel edge so we have full production, and the sheep are doing a great job," said John Armstrong, Manager Renewable Engineering.

    With a goal to reduce carbon emissions at least 80% by 2030…

    as MGE works toward net-zero carbon electricity.

    "We're decarbonizing our grid. More than half of the company's projected capital expenditures from 2025 through 2029 will support investments to achieve our science-based carbon reduction goals.

    Carbon is our target. Our investments to enable this energy transition mean all customers will be served by cleaner electricity as we work toward our goals and maintain affordability for our customers," said Jeff Keebler, Chairman, President and CEO.

    Driven by our values of…

    safety…reliability…sustainability…equity…and engagement.

    "As your community energy company, we also invest in our relationships with our customers. We engage them directly…throughout the community…listening…connecting…understanding.

    And we engage customers through our innovative programs that will help us achieve deep decarbonization by working together.

    Our programs advance energy efficiency…like MGE Connect.

    And we offer resources and programs to help customers electrify their transportation.

    Electrification…electric vehicles are a key decarbonization strategy and an opportunity for us to continue to grow our business.

    MGE has been and continues to be a leader to help grow the use of electric vehicles and EV charging," said Jeff Keebler, Chairman, President and CEO.

    "One thing I really like is…I don't have to find a gas station and stand outside and hold the hose to the fill tank. I just plug in…in the comfort of my garage…any time I want to charge," said MGE Customer Scott Springman.

    2

     


     

    "As we decarbonize our energy supply, energy efficiency and electrification by our customers become even more powerful strategies for achieving net-zero carbon electricity by 2050," said Jeff Keebler, Chairman, President and CEO.

    Fulfilling our mission to deliver on our responsibility…

    living our values through our service…

    advancing our goals for a strong, sustainable path forward for all of those we serve.

    MGE Energy is building your community energy company for the future.

    Thank you for your investment.

    Learn more at mgeenergy.com.

     

    April 4, 2025, MGE Energy YouTube Video

     

    https://youtu.be/JuwsPU7YA8I

    www.mgeenergy.com

     

    3

     


    Get the next $MGEE alert in real time by email

    Crush Q1 2026 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $MGEE

    DatePrice TargetRatingAnalyst
    9/11/2025$83.00Sell → Neutral
    Ladenburg Thalmann
    1/25/2022$73.00 → $72.00Underweight
    Morgan Stanley
    12/21/2021$69.00 → $73.00Underweight
    Morgan Stanley
    11/17/2021$71.00 → $69.00Equal-Weight → Underweight
    Morgan Stanley
    9/17/2021$74.00 → $73.00Equal-Weight
    Morgan Stanley
    8/19/2021$71.00 → $74.00Equal-Weight
    Morgan Stanley
    7/20/2021$73.00 → $71.00Equal-Weight
    Morgan Stanley
    More analyst ratings

    $MGEE
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    MGE Energy Reports Third-Quarter 2025 Earnings

    MGE Energy, Inc. (NASDAQ:MGEE), today reported financial results for the third quarter of 2025. MGE Energy's GAAP (Generally Accepted Accounting Principles) earnings for the third quarter of 2025 were $44.5 million, or $1.22 per share, compared to $40.9 million, or $1.13 per share, for the same period in the prior year. Rate base investment growth and non-utility investment gains drove our third-quarter results. Electric segment earnings were $1.3 million higher in the third quarter of 2025, a result of strategic capital investments that grew rate base. This growth was largely driven by the successful deployment of key renewable energy projects. The Darien Solar Project in Rock and Walwor

    11/5/25 12:14:00 PM ET
    $MGEE
    Electric Utilities: Central
    Energy

    MGE Energy Declares Regular Dividend

    The board of directors of MGE Energy, Inc. (NASDAQ:MGEE), today declared the regular quarterly dividend of $0.4750 per share on the outstanding shares of the company's common stock, payable Dec. 15, 2025, to shareholders of record at the close of business Dec. 1, 2025. MGE Energy has increased its dividend annually for the past 50 years and has paid cash dividends for more than 110 years. About MGE Energy MGE Energy is a public utility holding company. Its principal subsidiary, Madison Gas and Electric (MGE), generates and distributes electricity to 167,000 customers in Dane County, Wis., and purchases and distributes natural gas to 178,000 customers in seven south-central and western

    10/17/25 2:10:00 PM ET
    $MGEE
    Electric Utilities: Central
    Energy

    MGE Energy Issues September 2025 'Inside View'

    MGE Energy, Inc. (NASDAQ:MGEE), highlights 50 consecutive years of dividend increases in its investor newsletter, Inside View, which also includes the following topics: Second-quarter earnings. Partnership with Madison Metropolitan Sewerage District to grow local solar. Capital investment focused on sustainability and reliability. Regulatory approval of innovative energy storage project. Investor Center™ mobile app now available. The newsletter is available on MGE Energy's website at: https://www.mgeenergy.com/insideview Inside View is published periodically to provide investors with information about MGE Energy and its primary subsidiary, Madison Gas and Electric. A

    9/15/25 10:04:00 AM ET
    $MGEE
    Electric Utilities: Central
    Energy

    $MGEE
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    View All

    Director Berbee James G bought $21,235 worth of shares (270 units at $78.57), increasing direct ownership by 4% to 6,889 units (SEC Form 4)

    4 - MGE ENERGY INC (0001161728) (Issuer)

    12/8/25 4:14:52 PM ET
    $MGEE
    Electric Utilities: Central
    Energy

    SEC Form 4 filed by Chairman, President & CEO Keebler Jeffrey M

    4 - MGE ENERGY INC (0001161728) (Issuer)

    12/8/25 3:32:00 PM ET
    $MGEE
    Electric Utilities: Central
    Energy

    Director Berbee James G bought $21,238 worth of shares (254 units at $83.75), increasing direct ownership by 4% to 6,583 units (SEC Form 4)

    4 - MGE ENERGY INC (0001161728) (Issuer)

    9/9/25 5:10:53 PM ET
    $MGEE
    Electric Utilities: Central
    Energy

    $MGEE
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    View All

    Director Berbee James G bought $21,235 worth of shares (270 units at $78.57), increasing direct ownership by 4% to 6,889 units (SEC Form 4)

    4 - MGE ENERGY INC (0001161728) (Issuer)

    12/8/25 4:14:52 PM ET
    $MGEE
    Electric Utilities: Central
    Energy

    Director Berbee James G bought $21,238 worth of shares (254 units at $83.75), increasing direct ownership by 4% to 6,583 units (SEC Form 4)

    4 - MGE ENERGY INC (0001161728) (Issuer)

    9/9/25 5:10:53 PM ET
    $MGEE
    Electric Utilities: Central
    Energy

    Director Berbee James G bought $42,476 worth of shares (507 units at $83.83), increasing direct ownership by 9% to 6,329 units (SEC Form 4)

    4 - MGE ENERGY INC (0001161728) (Issuer)

    8/18/25 5:18:47 PM ET
    $MGEE
    Electric Utilities: Central
    Energy

    $MGEE
    SEC Filings

    View All

    MGE Energy Inc filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits

    8-K - MGE ENERGY INC (0001161728) (Filer)

    11/7/25 4:41:15 PM ET
    $MGEE
    Electric Utilities: Central
    Energy

    MGE Energy Inc filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

    8-K - MGE ENERGY INC (0001161728) (Filer)

    11/5/25 12:54:07 PM ET
    $MGEE
    Electric Utilities: Central
    Energy

    SEC Form 10-Q filed by MGE Energy Inc

    10-Q - MGE ENERGY INC (0001161728) (Filer)

    11/5/25 11:36:47 AM ET
    $MGEE
    Electric Utilities: Central
    Energy

    $MGEE
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    View All

    MGE Energy upgraded by Ladenburg Thalmann with a new price target

    Ladenburg Thalmann upgraded MGE Energy from Sell to Neutral and set a new price target of $83.00

    9/11/25 8:35:47 AM ET
    $MGEE
    Electric Utilities: Central
    Energy

    Morgan Stanley reiterated coverage on MGE Energy with a new price target

    Morgan Stanley reiterated coverage of MGE Energy with a rating of Underweight and set a new price target of $72.00 from $73.00 previously

    1/25/22 10:24:47 AM ET
    $MGEE
    Electric Utilities: Central
    Energy

    Morgan Stanley reiterated coverage on MGE Energy with a new price target

    Morgan Stanley reiterated coverage of MGE Energy with a rating of Underweight and set a new price target of $73.00 from $69.00 previously

    12/21/21 8:39:19 AM ET
    $MGEE
    Electric Utilities: Central
    Energy

    $MGEE
    Financials

    Live finance-specific insights

    View All

    MGE Energy Declares Regular Dividend

    The board of directors of MGE Energy, Inc. (NASDAQ:MGEE), today declared the regular quarterly dividend of $0.4750 per share on the outstanding shares of the company's common stock, payable Dec. 15, 2025, to shareholders of record at the close of business Dec. 1, 2025. MGE Energy has increased its dividend annually for the past 50 years and has paid cash dividends for more than 110 years. About MGE Energy MGE Energy is a public utility holding company. Its principal subsidiary, Madison Gas and Electric (MGE), generates and distributes electricity to 167,000 customers in Dane County, Wis., and purchases and distributes natural gas to 178,000 customers in seven south-central and western

    10/17/25 2:10:00 PM ET
    $MGEE
    Electric Utilities: Central
    Energy

    MGE Energy Issues September 2025 'Inside View'

    MGE Energy, Inc. (NASDAQ:MGEE), highlights 50 consecutive years of dividend increases in its investor newsletter, Inside View, which also includes the following topics: Second-quarter earnings. Partnership with Madison Metropolitan Sewerage District to grow local solar. Capital investment focused on sustainability and reliability. Regulatory approval of innovative energy storage project. Investor Center™ mobile app now available. The newsletter is available on MGE Energy's website at: https://www.mgeenergy.com/insideview Inside View is published periodically to provide investors with information about MGE Energy and its primary subsidiary, Madison Gas and Electric. A

    9/15/25 10:04:00 AM ET
    $MGEE
    Electric Utilities: Central
    Energy

    MGE Energy Increases Dividend for 50th Consecutive Year

    The board of directors of MGE Energy, Inc. (NASDAQ:MGEE), today increased the regular quarterly dividend rate 5.6% to $0.4750 per share on the outstanding shares of the company's common stock. The dividend is payable Sept. 15, 2025, to shareholders of record Sept. 1, 2025. This raises the annualized dividend rate by 10 cents from $1.80 per share to $1.90 per share. "Today's action by our board marks a milestone that only a select number of companies have achieved of increasing the dividend for 50 consecutive years, reinforcing our commitment to consistent and sustainable dividend growth and signaling the continued strength of MGE Energy's long-term business strategy for building your comm

    8/15/25 12:26:00 PM ET
    $MGEE
    Electric Utilities: Central
    Energy

    $MGEE
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    Amendment: SEC Form SC 13G/A filed by MGE Energy Inc

    SC 13G/A - MGE ENERGY INC (0001161728) (Subject)

    11/14/24 1:28:29 PM ET
    $MGEE
    Electric Utilities: Central
    Energy

    Amendment: SEC Form SC 13G/A filed by MGE Energy Inc

    SC 13G/A - MGE ENERGY INC (0001161728) (Subject)

    11/12/24 3:50:08 PM ET
    $MGEE
    Electric Utilities: Central
    Energy

    Amendment: SEC Form SC 13G/A filed by MGE Energy Inc

    SC 13G/A - MGE ENERGY INC (0001161728) (Subject)

    11/4/24 1:17:47 PM ET
    $MGEE
    Electric Utilities: Central
    Energy

    $MGEE
    Leadership Updates

    Live Leadership Updates

    View All

    Super Micro Computer and Deckers Outdoor Set to Join S&P 500; Others to Join S&P 100, S&P MidCap 400 and S&P SmallCap 600

    NEW YORK, March 1, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P 100, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, March 18, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed

    3/1/24 6:47:00 PM ET
    $AIT
    $AL
    $APPS
    Industrial Specialties
    Consumer Discretionary
    Diversified Commercial Services
    Multi-Sector Companies

    MGE Energy Declares Regular Dividend

    MADISON, Wis.--(BUSINESS WIRE)--The board of directors of MGE Energy, Inc. (Nasdaq: MGEE) today declared the regular quarterly dividend of $0.37 per share on the outstanding shares of the company's common stock, payable March 15, 2021, to shareholders of record at the close of business March 1, 2021. MGE Energy has increased its dividend annually for the past 45 years and has paid cash dividends for more than 110 years. About MGE Energy MGE Energy is a public utility holding company. Its principal subsidiary, Madison Gas and Electric (MGE), generates and distributes electricity to 155,000 customers in Dane County, Wis., and purchases and distributes natural gas to 163,000 custome

    1/15/21 2:26:00 PM ET
    $MGEE
    Electric Utilities: Central
    Energy