Xcel Energy Unlocks $100M Grant to Power a Sustainable Energy Future

Xcel Energy is thrilled to announce that we have successfully raised $100,000,000 in our latest funding round—a clear vote of confidence in our commitment to developing a sustainable and resilient energy future. As a leading electric and natural gas energy company, we proudly serve a diverse customer base of 3.4 million electricity and 1.9 million natural gas customers across Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas, and Wisconsin. This significant capital influx will help accelerate our innovative projects, particularly in renewable energy sectors such as wind and solar, reinforcing our mission to provide clean, safe, and reliable energy for everyone we serve. At Xcel Energy, our team of over 12,000 dedicated professionals is at the forefront of a dynamic, constantly evolving utility industry. Embracing challenges with a forward-thinking and customer‑focused mindset, we remain deeply committed to maintaining the highest standards of safety, affordability, and environmental stewardship. The newly raised funds will be strategically deployed to enhance our portfolio of energy-related products and services, improve our operational efficiency, and drive community initiatives that have a lasting, positive impact on the regions we serve. This funding milestone not only affirms the strength and stability of our business model, but also empowers us to continue refining and expanding our renewable energy projects and community outreach programs. At Xcel Energy, we believe that every investment in technology and community has the potential to transform lives and safeguard our planet for future generations. With a passionate workforce and an unwavering commitment to excellence, we are excited to leverage this funding to further revolutionize the way energy is delivered and experienced across our eight states.