Overview
Description
Xcel Energy Inc. is a prominent utility company engaged in the generation, transmission, and distribution of electricity and natural gas. Primarily serving customers across eight states in the U.S., including the regions of the Midwest and Rocky Mountain areas, Xcel Energy plays a vital role in supplying energy to millions of residential, commercial, and industrial consumers. With a focus on sustainability and renewable energy, the company is actively expanding its renewable energy portfolio, investing in wind and solar power projects to reduce carbon emissions and promote cleaner energy solutions. Xcel Energy's operations are crucial for powering essential infrastructure and supporting economic activity in its service areas, making it a key player in the energy sector. Its commitment to innovation in energy production and distribution not only meets current demand but also gears towards future energy challenges in an evolving market landscape.
About
CEO
Mr. Robert C. Frenzel
Employees
11380
Address
414 Nicollet Mall
Minneapolis, 55401, MN
United States
Minneapolis, 55401, MN
United States
Phone
612 330 5500
Website
Instrument type
Common stock
Sector
Utilities
Industry
Utilities - Regulated Electric
Country
United States
MIC code
XNGS