Xcel Energy

Category: Utility/Offtaker · Headquarters: USA · Tracked deals: 8

Xcel Energy is a major U.S. utility company focused on providing electricity and natural gas services. They are increasingly focused on renewable energy development and grid modernization to achieve their clean energy goals.

Website: https://www.xcelenergy.com/

Recent deals

• Upper Peninsula Power Company acquires Xcel Energy’s regulated electric transmission and distribution utilities in Michigan — Seller (2026-10-07)
• Texas Energy Fund awards $4 billion grant to Southwestern Public Service for grid reliability improvements including drone-based pole inspections and live monitoring — Developer (2026-07-06)
• Xcel Energy to power new Google data center in Pine Island, Minnesota — Developer (2026-03-11)
• Avangrid signs extension of power purchase agreement with Xcel Energy for MinnDakota wind farm — Offtaker (2026-03-03)
• Form Energy signs to supply 30 GWh / 300 MW long-duration battery plant to Xcel Energy for a Google data center — Buyer (2026-02-24)
• Boralex Inc. signs five-year Power Purchase Agreement with Xcel Energy for Milo Wind Project — Offtaker (2025-12-19)
• Form Energy signs 300-megawatt, 100-hour energy storage deal with Xcel Energy and Google — Buyer (2024-01-08)
• Bighorn Solar Project: project financing — Other (2021-12-14)

📈 The Sherpa Signal — one notable infrastructure deal a day.