Yahoo · Oct 7, 2026
How Investors May Respond To MGE Energy (MGEE) Extending And Expanding Its Credit Facilities
MGE Energy, Inc. and its utility subsidiary Madison Gas and Electric Company recently amended and restated long-term revolving credit agreements, extending maturities to 2031 with potential extensions to 2033 and expanding one facility’s commitments from US$90,000,000 to US$210,000,000. The enlarged and extended credit lines, coupled with a consolidated debt-to-capitalization cap of 65% and change-of-control protections, reshape the group’s financial flexibility and capital structure...

