Xcel Energy

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Xcel Energy Inc.
legal form	Incorporated
ISIN	US98389B1008
founding	1998
Seat	Minneapolis , United States
management	Ben Fowke, CEO
Number of employees	11,440
sales	11,107,000,000 USD
Branch	Electricity and natural gas
Website	www.xcelenergy.com

Xcel Energy is a US company headquartered in Minneapolis , Minnesota . The company is listed in the S&P 500 share index.

The company was formed in 1998 from the merger of Northern States Power in Minnesota, Northern States Power in Wisconsin, and New Century Energies .

Xcel Energy's main business areas are the production and sale of electricity and natural gas.

The following subsidiaries belong to Xcel Energy:

• Northern States Power Company Minnesota
• Northern States Power Company Wisconsin
• Public Service Company of Colorado
• Southwestern Public Service Company
• Xcel Energy Services Inc.

On January 21, 2005, Xcel Energy announced that it had sold its Cheyenne (Wyoming) Light, Fuel & Power electricity an natural gas business to Black Hills Corporation .

Xcel Energy is an electricity and natural gas provider in the US states of Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas and Wisconsin.

Power plants

The company owns a total of 71 power plants with a capacity of 16,042 MW , of which 18 are coal-fired , 17 gas-fired and 27 hydropower plants . Nine percent of the energy generated in 2007 was obtained from renewable energies , of which wind energy accounted for 2700 MW, a value that is to be increased to 7400 MW by 2020.

The two nuclear power plants Monticello and Prairie Island also belong to the company.

Individual evidence

1. ↑ ^{a b} Xcel Energy 2016 Form 10-K Report.Retrieved March 26, 2016