XCEL ENERGY INC

Xcel Energy Inc. is an electric and natural gas delivery company operating in the United States. The company functions through two main segments: Regulated Electric Utility and Regulated Natural Gas Utility. In its electric utility operations, Xcel Energy generates, purchases, transmits, distributes, and sells electricity. Its energy portfolio includes power from wind, nuclear, hydroelectric, biomass, and solar sources, both from company-owned facilities and through power purchase agreements (PPAs). It also utilizes fossil fuels such as coal and natural gas. Additionally, the company sells and resells wholesale transmission services and engages in wholesale commodity and trading operations. For its natural gas utility, Xcel Energy purchases, transports, stores, distributes, and sells natural gas. It also develops and leases natural gas pipelines and storage facilities, and operates an interstate natural gas pipeline. Beyond its core utility services, the company invests in rental housing projects, energy technology companies, and community solar garden nonregulated assets. Xcel Energy serves electric and natural gas customers across parts of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin. The company was incorporated in 1909 and is headquartered in Minneapolis, Minnesota.