Thursday, January 27, 2011

Xcel Reports Earnings

Minneapolis-based Xcel Energy Inc. today reported 2010 GAAP earnings of $756 million, or $1.62 per share compared with 2009 GAAP earnings of $681 million, or $1.48 per share. In its comments on the report, the company highlighted key events of 2010 including the acquisition of two natural gas power plants in Colorado, the commercial launch of the Comanche Unit 3 and Nobles wind farms and the beginning of construction on the CapX2020 transmission project.

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