Profile
Company Overview
Xcel Energy Inc. is a diversified electric utility company that specializes in the generation, transmission, and distribution of electricity, as well as the purchase, transportation, and distribution of natural gas.
The company’s core operations are concentrated in regulated markets, with a significant presence in the U.S. Midwest and several states including Colorado, Minnesota, Texas, and others.
Electricity production is the primary revenue driver, accounting for over 80% of its business, while natural gas contributes close to 19%.
Xcel Energy Inc. utilizes a broad mix of energy sources, including wind, nuclear, hydroelectric, solar, coal, and natural gas, highlighting a commitment to both traditional and renewable energy generation.
The company serves residential, commercial, and industrial customers, and is recognized for ongoing investment in grid modernization and clean energy transition.
With a large market capitalization and a sizable workforce, Xcel Energy Inc. plays a vital role in regional energy infrastructure, supporting economic activity and facilitating reliable power supply for millions of consumers and businesses.
Website: https://mn.my.xcelenergy.com/s/
Company Details
- Sector
- Utilities
- Industry
- Utilities - Regulated Electric
- Country
- United States
- Employees
- 11380