Xcel Energy Inc.

Corporate Finance:Utilities & Independent Power

Summary

Xcel Energy Inc. is an investor-owned utility holding company. Its four regulated subsidiaries operate in eight western and midwestern states, including Minnesota and Colorado, where more than 80% of revenues are generated. The utility subsidiaries are engaged in generation, transmission and distribution of electricity and distribution of natural gas, providing services to 3.3 million electric and 1.8 million gas customers.