MGE Energy files $100M at-the-market equity offering via Guggenheim and Morgan Stanley

MGE ENERGY INC

Equity Distribution Agreement with Guggenheim Securities and Morgan Stanley to sell up to $100M of common stock.
Sales will be ATM offerings on Nasdaq at market prices; commission up to 2% of gross proceeds.
Proceeds to be used for general corporate purposes including debt repayment, capex, and subsidiary investments.
Shares offered under existing S-3 shelf registration; management retains discretion over use of proceeds.

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