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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]
The Minneapolis–Saint Paul metropolitan area is the 16th-largest urban agglomeration in the United States, and is home to many corporations, companies, and divisions.The core cities of Minneapolis and Saint Paul host many companies, with many others in the suburban cities.
In 2013, the state legislature passed an omnibus jobs, housing and commerce bill that included forgiveness of the remaining $32.7 million loan to Xcel Energy Center. Under the terms of the forgiveness deal in this bill, St. Paul's annual loan payment was reduced by $500,000 in 2014 and again in 2015. The balance of the loan was forgiven in 2016.
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Amazon is also in the process of building a retail hub of operations center in Nashville, Tennessee. On August 21, 2019, Amazon opened its largest campus in the world at Nanakramguda in Hyderabad, India. It is the first Amazon-owned campus located outside the United States and features the single largest Amazon-owned building in the world.
This page was last edited on 7 September 2019, at 20:47 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
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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.