Xcel Energy Sells Michigan Electric, Gas Operations
Xcel Energy is divesting its natural gas and electric operations in Michigan, selling the gas assets to Semco Energy Gas Co. and the electric operations to Upper Peninsula Power Co.
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Xcel Energy sells Michigan gas operations to SEMCO, electric business to UPPCO
Xcel Energy has agreed to sell its Michigan natural gas operations to SEMCO ENERGY Gas and its electric operations to Upper Peninsula Power. The deal is expected to close in 2027, subject to regulatory approvals.
Xcel Energy Sells Michigan Operations to SEMCO, UPPCO
Xcel Energy has sold its Michigan natural gas operations to SEMCO ENERGY Gas Company and its electric operations to Upper Peninsula Power Company.