MGE Energy Reports Fourth-Quarter and Full-Year 2025 Earnings

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MGE Energy, Inc. reported strong financial results for the fourth quarter and full year of 2025, with GAAP earnings reaching $135.9 million, or $3.72 per share, for the full year. This increase was primarily driven by growth in both the electric and gas segments, attributed to successful renewable energy project deployments like the Darien Solar Project and Paris Battery Energy Storage System, and increased gas retail deliveries.

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