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Xcel Energy Inc. would move its headquarters out of Minneapolis if the city creates a new municipal utility to serve residents in place of Xcel, CEO Ben Fowke has said.
According to a story published Friday by the Minneapolis Star Tribune newspaper, Fowke told the Tribune’s editorial board, “There is not a utility in the nation that has their headquarters in a city that has municipalized.”
The Star Tribune indicated that Fowke wasn’t threatening to leave the city, "as sports teams have…