Xcel Energy says $3 billion power plan would add 5,000 jobs

Xcel Energy Inc. on Wednesday said it planned to spend $3 billion on accelerated projects in Minnesota, including sizable solar and wind-power investments, in an effort to help lift the state’s economy out of a pandemic-induced slump.

The Star Tribune reports on the proposal by Minneapolis-based Xcel (NYSE: XEL), which follows a call by the Minnesota Public Utilities Commission for utilities to come up with ideas to “assist in Minnesota’s economic recovery from the Covid-19 pandemic.”

Xcel’s…

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