Stephen R. Kraus
Manager – Media Relations
608-252-7907
E-mail address: skraus@mge.com
Madison, Wis., Dec. 13, 2006—Madison Gas and Electric (MGE) (NYSE: MGEE) is issuing a Request for Proposal (RFP) for up to 100 megawatts (MW) of baseload capacity beginning as early as 2011. MGE estimates baseload power needs to increase 10 MW annually.
The company will consider an equity ownership, a purchased power agreement (PPA) or a PPA with an option to acquire ownership in a facility. PPA proposals will have terms ranging from 10 to 30 years. Final bidder selection will be on or before April 27, 2007.
Public information associated with the RFP, including all RFP documents as issued and updated, is available at www.mge.com. Prior to the Feb. 22, 2007, submission deadline, all communications should be directed to MGE via the Web site or by sending an e-mail to baseloadRFP@MGE.com.
MGE generates and distributes electricity to nearly 136,000 customers in Dane County and purchases and distributes natural gas to more than 137,000 customers in seven south-central and western Wisconsin counties. MGE has served the Madison area since 1896.
