January 30, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--<a href='https://tx.my.xcelenergy.com/s/' target='_blank'>Xcel Energy Incorporated</a> (<a href='https://www.nasdaq.com/market-activity/stocks/xel' target='_blank'>NASDAQ:XEL</a>) (Minneapolis, Minnesota) reported solid profit growth for 2022 and is preparing for a substantial buildout in its transmission & distribution (T&D) business across Colorado and its power-generation business in Minnesota. Industrial Info is tracking about $9 billion in active projects from Xcel, with about $3.5 billion and $5.5 billion attributed to power-generation and T&D projects, respectively. More than half of the total investment value attributed to Xcel's T&D projects stem from the <b>Power Pathway Project across Colorado</b>, while Minnesota accounts for more than $3 billion of the $3.5 billion in power-generation projects.
