Xcel Energy Inc

Business Description

Xcel Energy is a century-old American utility company headquartered in Minneapolis, Minnesota, that delivers electricity and natural gas to customers across eight states, including Colorado, Minnesota, and Texas. The company generates and distributes power from a broad mix of sources, ranging from wind, solar, and nuclear to coal and natural gas, while also running wholesale energy trading operations. Beyond its core utility business, Xcel Energy develops natural gas pipelines and storage facilities, and holds investments in community solar projects, rental housing, and energy technology companies.