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Research Brief: Xcel Energy (XEL) ESG focus: Electric utility leads on renewable commitments and action

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Research Brief: Xcel Energy (XEL) ESG focus: Electric utility leads on renewable commitments and action

Xcel management are planting a flag declaring leadership on renewable power generation, a strategy which will yield several benefits. This ESG Research brief considers factors including:

  • Studies show that a positive regulatory environment and customer satisfaction have been shown to correlate with profits
  • Expanding wind-generated electric supply comes from Power Purchase Agreements (PPAs) with third parties and from company-owned infrastructure, but the next five years of expanding wind capacity will focus on the latter strategy

Click here to download the Research Brief from Truvalue Labs