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Xcel Energy Inc. is a U.S. regulated electric utility and natural gas delivery company based in Minneapolis, Minnesota, serving more than 3.7 million electric customers and 2.1 million natural gas customers across parts of eight states (Colorado, Minnesota, Wisconsin, Michigan, North Dakota, South Dakota, Texas and New Mexico). [3]
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On May 3, 1995, Northern States Power Company and Wisconsin Energy Corporation (NYSE: WEC) each filed a Securities and Exchange Commission Form 8-K to combine in a merger-of-equals transaction to form Primergy Corporation, which would be a registered public utility holding company, and to be the new parent of both NSP and of the operating subsidiaries of WEC.
United Electric Company: PA UIL Holdings Corporation: The United Illuminating Company: CT UniSource Energy: Tucson Electric Power: AZ UNS Electric: AZ Unitil (UTL) Unitil Energy: MA, NH Fitchburg Gas & Electric: MA Vectren (VVC) Southern Indiana Gas and Electric: IN Wisconsin Energy Corporation: We Energies: WI Xcel Energy (XEL) Northern States ...
The market capitalization of a company is the total value of the company’s stock. Investors can use this to help determine whether a stock is considered a risky or safe investment.
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To avert default by NRG, Xcel sold $500 million in stock in July 2002. In 2003, Xcel Energy paid NRG Energy $752 million for the benefit of NRG Energy's creditors and took a $2 billion write-off. [4] On May 14, 2003, NRG Energy filed for chapter 11 bankruptcy. In the company's reorganization, Xcel Energy relinquished its ownership interest, and ...