Renewable Investment Growth MGE is actively expanding its renewable energy portfolio, having launched utility-scale wind and solar projects since 2015 and recently investing in a 465MW solar and battery storage plant. This demonstrates ongoing commitment to clean energy, offering opportunities to provide advanced renewable solutions, storage systems, and related technology services.
Customer Green Initiatives The introduction of RNG options for natural gas consumers highlights MGE’s focus on reducing greenhouse gas emissions, creating potential for sales of emissions reduction technologies, renewable gas supplies, and sustainability consulting aimed at environmentally conscious customers.
Electric Vehicle Engagement MGE actively participates in community EV events like the Madison EV Expo, signaling a strategic focus on EV infrastructure and charging solutions, which presents opportunities for sales in EV charging stations, infrastructure management, and related grid modernization services.
Partnership and Collaboration Recent collaborations with Alliant Energy and KloudGin indicate MGE’s openness to strategic alliances, providing opportunities to introduce complementary technology platforms, innovative energy management solutions, and joint project development services to support their expanding infrastructure needs.
Growing Market Presence With a revenue range of close to one billion dollars and a sizable customer base in natural gas and electricity, MGE’s strong local market presence makes it a promising partner for providing advanced utilities technology, customer engagement platforms, and smart grid solutions tailored to large utility operators.