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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]
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.
Xcel Energy wants to ensure a stable leadership team during its transition to clean energy, so the company's board voted to pay $9 million to Chief Executive Bob Frenzel should he stay through ...
In 1991, Xcel Energy had requested permission from the Minnesota Public Utilities Commission to eventually store waste in 48 dry casks on the Prairie Island site. Opposition by environmentalists and the neighboring Prairie Island tribe led the Minnesota Legislature to decrease the number of allowed casks to 17; this was sufficient to keep the ...
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.
Stephanie Peña has been named Xcel Energy’s manager for Social Investments in Texas and New Mexico. ... An earlier career in church work led her to jobs in the nonprofit sector where she has ...
NRG Energy, Inc. is an American energy company, headquartered in Houston, Texas. [2] [3] It was formerly the wholesale arm of Northern States Power Company (NSP), which became Xcel Energy, but became independent in 2000. NRG Energy is involved in energy generation and retail electricity. [4]
About 34 permanent jobs were also created to maintain the facility, and Xcel has partnered with the Vestas operations group to assist with maximizing the electricity production. It is expected to generate enough electricity to meet the needs of about 325,000 Colorado homes. [7]