Xcel Energy is going above and beyond to help those affected by Covid-19.
Xcel officials said they are selling the Mankato Energy Center for $680 million and plans to use the net gain to fund its corporate giving efforts, including support related to its Covid-19 recovery.
“This is an unprecedented time, and we want to do our part to support our communities as we face the challenges brought on by the COVID-19 pandemic,” said Ben Fowke, chairman and CEO, Xcel Energy. “The Mankato Energy Center and its workforce provides essential services for local and regional economies and that will not change. And now more than ever, the people we serve need safe, reliable, affordable power.”
The company is also donating an additional 192,000 surgical masks and 4,000 N95 Masks to healthcare workers in the 8 states the company services.
David Hudson, president of Xcel Energy for New Mexico and Texas said “They will be divided up between our local hospitals in Texas and New Mexico where healthcare workers are doing the critical work to keep us all safe.”
The company serves Minnesota, Colorado, Wisconsin, Michigan, North Dakota, South Dakota, Texas and New Mexico.