SOURCE: Industrial Info Resources

Industrial Info Resources

January 28, 2011 05:30 ET

Exelon, Xcel Face Increased Costs in 2010, Despite Favorable Weather Conditions, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - January 28, 2011) -  Researched by Industrial Info Resources (Sugar Land, Texas) -- Two of the leading U.S. energy companies, Exelon Corporation (NYSE:EXC) (Chicago, Illinois) and Xcel Energy Incorporated (NYSE:XEL) (Minneapolis, Minnesota), reported mixed results for fourth-quarter and full-year 2010, as both benefited from warmer-than-expected summer weather, particularly in the Midwestern states, but also faced higher fuel costs and unfavorable market conditions.

Industrial Info is tracking 50 active Xcel projects worth a total of more than $2.24 billion and Exelon projects worth a total of more than $2.51 billion, including the $700 million addition of a 600-megawatt, combined-cycle unit at the company's power station in Eddystone, Pennsylvania.

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