MGE Energy Announces Proposed Public Offering of Common Stock

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May 13, 2020
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MGE Energy, Inc. (Nasdaq: MGEE) today announced the commencement of a proposed public offering of 1,300,000 shares of its common stock in an underwritten public offering. In connection with the offering, MGEE will grant the underwriters a 30-day option to purchase up to an additional 195,000 shares of its common stock at the public offering price, less underwriting discounts and commissions. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.