Xcel Energy to Power New Google Data Center in Minnesota

MINNEAPOLIS--(BUSINESS WIRE)--Xcel Energy (NASDAQ: XEL) announced today it will power a new Google data center in Pine Island, Minnesota. The data center and associated Electric Service Agreement will provide a significant contribution to the state's economy, including a large buildout of new clean energy projects that will contribute to Minnesota's clean energy goals while ensuring that Xcel Energy's current customers benefit as a result of this growth. Data centers serve as the core infrastru.

Business Wire • 16 hours ago

Xcel Energy to power new Google data center in Minnesota

Xcel Energy said on Tuesday it will power a new Google data center in Pine Island, Minnesota, bringing 1,900 megawatts of new clean energy to the grid.

Reuters • 15 hours ago

Xcel Energy Names Rob Cain Senior Vice President, Chief Technology Officer

MINNEAPOLIS--(BUSINESS WIRE)--Xcel Energy (NASDAQ: XEL) announced today that Rob Cain has been named its senior vice president, chief technology officer, effective immediately. Cain will lead the company's Technology and Security Services organization, taking over the role held by Tim Peterson, who accepted a position outside of the company. The Technology and Security Services organization is vital to Xcel Energy's resilience, innovation and success. Cain will oversee its key role in modernizi.

Business Wire • Feb 23, 2026

Xcel Energy Q4: Plenty Of Medium-Term Tailwinds Due To Data Centers

Xcel Energy Inc. benefits from surging AI data center demand, driving robust electric segment growth and a $60B infrastructure expansion plan. Despite a 14% y/y revenue increase to $3.56B, XEL missed consensus and maintains a hold rating due to sufficient existing exposure. XEL's leverage is elevated with a 1.75x interest coverage and Baa1 rating, but its regulated monopoly and long-term energy demand mitigate risk.

Seeking Alpha • Feb 17, 2026

Xcel Energy's quarterly profit rises on AI-driven power demand

U.S. utility Xcel Energy reported a 22% rise in fourth-quarter profit on Thursday, as higher demand for electricity from data centers offset rising expenses.

Reuters • Feb 5, 2026

Xcel Energy Inc. (XEL) Q4 2025 Earnings Call Transcript

Xcel Energy Inc. (XEL) Q4 2025 Earnings Call Transcript

Seeking Alpha • Feb 5, 2026

Xcel Energy 2025 Year End Earnings Report

MINNEAPOLIS--(BUSINESS WIRE)--Xcel Energy Inc. (NASDAQ: XEL) today reported 2025 GAAP diluted earnings of $2.02 billion, or $3.42 per share, compared with $1.94 billion, or $3.44 per share in the same period in 2024 and ongoing earnings of $2.24 billion, or $3.80 per share, compared with $1.97 billion, or $3.50 per share in the same period in 2024. See Note 6 for reconciliation from GAAP to ongoing earnings. The change in ongoing earnings reflect increased recovery of infrastructure investments.

Business Wire • Feb 5, 2026

Xcel Energy (XEL) Misses Q4 Earnings and Revenue Estimates

Xcel Energy (XEL) came out with quarterly earnings of $0.96 per share, missing the Zacks Consensus Estimate of $0.97 per share. This compares to earnings of $0.81 per share a year ago.

Zacks Investment Research • Feb 5, 2026

Xcel (XEL) Reports Q4 Earnings: What Key Metrics Have to Say

Although the revenue and EPS for Xcel (XEL) give a sense of how its business performed in the quarter ended December 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Zacks Investment Research • Feb 5, 2026

Xcel Energy Q4 Earnings and Revenues Lag Estimates, Expenses Rise

XEL's Q4 earnings and revenues miss estimates as expenses and financing costs rise year over year.

Zacks Investment Research • Feb 5, 2026