Denver Business Journal
March 23, 2017
Xcel Energy Inc. is making a multibillion-dollar investment in wind power across seven states, from Minnesota to New Mexico — and using Colorado-made turbines from Vestas Wind Systems for a large chunk of it.
The Minneapolis-based company (NYSE: XEL) is proposing to build or buy power from 11 new wind farms in the seven states that would generate up to 3,380 megawatts worth of renewable energy — enough to meet the power demand of about 1,014,000 homes.
The company expects to spend between $3.5 billion and $4.4 billion on the wind farms, if all the projects are approved by regulators, according to a spokeswoman.