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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]
It provides open-access transmission service and monitors the high-voltage transmission system in the Midwestern United States, in Manitoba, Canada, and in a southern U.S. region that includes much of Arkansas, Mississippi, and Louisiana. MISO also operates one of the world's largest real-time energy markets.
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.
The company’s Ford Pro division is teaming up with a utility, Minneapolis-based Xcel Energy, as part of an initiative to add 30,000 electric vehicle charging ports in Xcel’s territory by 2030.
Xcel Energy: 2019 Grand Meadow Wind Farm Dexter, Minnesota: 100.5 67 Xcel Energy: 2008 Lake Benton Wind Farm (I-II) Lincoln County, Minnesota Pipestone County, Minnesota: 207.4 276 NextEra Energy Xcel Energy: 1998/1999 Nobles Wind Farm Reading, Minnesota: 200 134 Xcel Energy: 2010 Odell Wind Farm Cottonwood County, Minnesota: 200 100 Algonquin ...
Xcel said its wind farms save customers about $3 billion in power costs resulting from renewable energy tax credits since 2017. More: Work is beginning on SunZia wind power project in New Mexico ...
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 NRG Energy became an independent, public company after bankruptcy.
Xcel Energy alerted customers on Saturday night to potential outages over the weekend due to fire danger and heavy winds returning to the region, and some were still without power early Monday.