Xcel Energy announces sale of its Michigan operations
SEMCO and UPPCO will acquire natural gas and electric units respectively, pending regulatory approval expected in 2027
Latest Xcel Energy News & Updates
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Electric and natural gas utility
my.xcelenergy.com- Headquarters
- Minneapolis, United States
- Company type
- Public company
- Number of employees
- 12,000+
- Industry
- Electric Utilities
Last updated
Latest news about Xcel Energy (Xcel)
In short: Xcel Energy posted higher 3Q profit, advanced battery storage, and navigated rate decisions across Minnesota and Colorado.
Company announcements
Xcel Energy outlines $17.6 billion investment plan for Colorado
The plan includes grid upgrades, clean energy expansion, and rate increases to fund infrastructure improvements while keeping bills low.
Xcel Energy announces powering Google data center in Minnesota
The agreement funds 1,900 MW of new clean energy, including wind, solar, and the world's largest iron-air battery, benefiting customers and the grid.
Xcel highlights nuclear power's role in clean energy
It explains Minnesota plants' carbon-free, 24/7 generation, economic benefits, safety measures, and planned life extensions through 2050.
Media coverage
Xcel Energy rolls out $70B, 5-year capital plan focused on renewables
We believe that we can, in fact, protect the planet" while serving growing demand, CEO Bob Frenzel said. The spending plan includes 9.2 GW of...
Xcel Energy 3Q Profit Rises, Narrows FY Outlook
Xcel Energy posted higher third-quarter earnings and narrowed its full-year profit outlook upward, driven by unseasonably warm weather and increased grid investments returns.
Texas sues utility company to recover damages from historic wildfire sparked by downed power lines
Texas is suing the utility company whose downed power lines sparked the largest wildfire in state...
Colorado PUC cuts Xcel electric settlement by $68 million, approving $157 million rate increase
Colorado regulators approved a $157 million Xcel Energy electric rate increase in August 2026, cutting the negotiated $225 million settlement by nearly a third.
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