XEL's Unit to Supply 200 MW Electric to Fermi's Project Matador Campus

Key Takeaways XEL will supply 200 MW of electricity to Fermi America's Project Matador Campus.The contract will provide a guaranteed revenue stream that strengthens XEL's cash inflow.XEL plans $60B in 2026-2030 investments to expand distribution and generation capacity.Xcel Energy Inc.’s (XEL) subsidiary, Southwestern Public Service Company (“SPS”), has entered into an Electric Service Agreement (“ESA”) with Fermi America. As per the contract, SPS will provide up to 200 megawatts (MW) of electricity to Ferm ...