Xcel Presses Forward with Planned T&D, Renewable Investments

February 12, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--In the face of unwieldy weather, a potential trade war, rising maintenance expenses and growing uncertainty around renewable energy, Xcel Energy Incorporated (NASDAQ:XEL) (Minneapolis, Minnesota) is standing by its $45 billion, five-year capital-spending plan, which includes significant investments in transmission and distribution (T&D) improvements and renewably sourced generation.

Industrial Info is tracking more than $16 billion worth of active and proposed projects from Xcel, more than $3.25 billion of which are nearing or under construction. The bulk of Xcel's total investment--nearly $9 billion--is attributed to T&D projects across its service territory, which includes Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas and Wisconsin.

Other companies featured: JA Solar Holdings