Xcel Energy is engaged in the generation, purchase, transmission, distribution, and sale of electricity.
Xcel Energy is engaged in the generation, purchase, transmission, distribution, and sale of electricity. It operates through 5 segments: electricity, natural gas, renewable energy, transmission, and innovation.The company is engaged in generating electricity using coal, nuclear, natural gas, hydro, solar, biomass, oil and refuse, and wind energy sources; developing and leasing natural gas pipelines, and storage and compression facilities; and investing in rental housing projects.Xcel Energy was founded in 1909 and is based in Minneapolis, Minnesota.