Xcel Energy Inc. is a Minneapolis-based energy company that provides electricity and natural gas through regulated utility operations. Its businesses generate, transmit, distribute and sell electricity, as well as distribute natural gas to residential, commercial and industrial customers.
Through its operating companies, Xcel Energy serves customers in Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas and Wisconsin. The company’s operations include a diverse generation portfolio featuring wind, solar, hydroelectric, nuclear, natural gas and other energy resources. It also maintains electric transmission and distribution infrastructure and natural gas distribution networks.
Xcel Energy was created in 1999 through the merger of Northern States Power Company and New Century Energies. Its principal utility subsidiaries include Northern States Power Company—Minnesota, Northern States Power Company—Wisconsin, Public Service Company of Colorado and Southwestern Public Service Company. Bob Frenzel serves as chairman, president and chief executive officer.
AI Generated. May Contain Errors.
Free XEL Stock Alerts