SOURCE: Industrial Info Resources

Industrial Info Resources

April 29, 2011 06:15 ET

Xcel Energy Sees Steady Gains in First-Quarter 2011 as Electric Margins Improve, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Apr 29, 2011) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Xcel Energy Incorporated (NYSE:XEL) (Minneapolis, Minnesota), a leading U.S. energy company, reported steady growth in first-quarter 2011 as higher electric and gas margins offset the effects of increased expenses. Net income for the quarter was reported to be $202.51 million, a 21.95% increase from first-quarter 2010.

Industrial Info is tracking 47 active Xcel projects in the U.S. that are worth a total of more than $2.75 billion, including a $600 million addition to the Black Dog Power Station in Burnsville, Minnesota. For more information, visit Industrial Info's North American Power Project Database.

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