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Stock impact report

12,000 are without power in Madison, Wisconsin, during the heat wave [CNN]

MGE Energy Inc. (MGEE) 
US:NASDAQ Investor Relations: mgeenergy.com
Company Research Source: CNN
12,000 are without power in Madison, Wisconsin, during the heat wave (CNN) An explosion and a fire occurred early Friday morning at a substation jointly owned by Madison Gas and Electric and the American Transmission Company, MG&E CEO Jeff Keebler told reporters at a news conference. The equipment needed to be turned off so firefighters could put out the fire, Keebler said. Smoke from fire at Madison Gas and Electric on the East Side #Madison #Fire pic.twitter.com/sUcMA34Vt1 July 19, 2019 Officials are assessing damage to see when power can be turned back on, Keebler said. They currently have no estimate. MG&E spokesman Steve Schultz initially told CNN that more than 13,000 customers were without electricity due that fire. Keebler later estimated 12,000. Read They include residents from the west side of downtown's Capitol Square to areas around the Yahara River, Schultz said. A second blaze occurred at a substation on East Campus Mall, about two miles southwest of the first, a statem Show less Read more
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