Damage to Xcel Energy Inc.’s electricity grid in flood-ravaged communities is expected to be “in the tens of millions” of dollars, according to the company’s initial assessments.
“Xcel Energy is only today getting access to some of the more than 4,500 square miles of area that were damaged by the flooding,” the utility (NYSE: XEL) said late Wednesday.
According to initial surveys, Xcel’s damaged equipment includes:
• About 20 miles of natural gas pipe.
• Thousands of natural…
Damage to Xcel Energy Inc.’s electricity grid in flood-ravaged communities is expected to be “in the tens of millions” of dollars, according to the company’s initial assessments.
“Xcel Energy is only today getting access to some of the more than 4,500 square miles of area that were damaged by the flooding,” the utility (NYSE: XEL) said late Wednesday.
According to initial surveys, Xcel’s damaged equipment includes:
• About 20 miles of natural gas pipe.
• Thousands of natural…