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MGE Energy Enters $50M Note Purchase Agreement

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MGE Energy Enters $50M Note Purchase Agreement

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MGE Energy ( (MGEE) ) has issued an update.

On October 14, 2025, Madison Gas and Electric Company (MGE) entered into a Note Purchase Agreement to issue $50 million in senior notes, split between Series A and Series B, with maturity dates in 2036 and 2055, respectively. The proceeds from these notes are intended to fund capital expenditures and other corporate obligations, potentially impacting MGE’s financial strategy and stakeholder interests.

The most recent analyst rating on (MGEE) stock is a Hold with a $92.00 price target. To see the full list of analyst forecasts on MGE Energy stock, see the MGEE Stock Forecast page.

Spark’s Take on MGEE Stock

According to Spark, TipRanks’ AI Analyst, MGEE is a Neutral.

MGE Energy’s overall stock score is driven by its strong financial performance, which is the most significant factor. However, technical indicators suggest a neutral to slightly bearish trend, and the valuation appears high relative to industry norms. These factors contribute to a moderate overall score.

To see Spark’s full report on MGEE stock, click here.

More about MGE Energy

MGE Energy, Inc. is the parent company of Madison Gas and Electric Company (MGE), which operates in the energy industry. MGE focuses on providing electricity and natural gas services.

Average Trading Volume: 137,833

Technical Sentiment Signal: Buy

Current Market Cap: $3.09B

Find detailed analytics on MGEE stock on TipRanks’ Stock Analysis page.

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