Xcel Energy Benefits From Investments & Expanding Customer Base
Xcel Energy(XEL) ZACKS·2024-11-21 20:36
Xcel Energy Inc.’s (XEL) strategic investments in infrastructure projects and focus on clean power generation should further boost its performance. The company’s consistent customer base growth acts as a tailwind.However, this Zacks Rank #3 (Hold) company faces risks related to the failure of transmission and distribution lines.Factors That Act as Tailwinds for XELXcel Energy continues to invest substantially in its utility assets to provide reliable services and effectively meet the rising electricity dema ...