Xcel Energy enters equity distribution agreement for up to $6 billion in share sales
XEL•Xcel Energy entered an agreement to sell up to $6 billion of common stock, replacing a May 2026 program with about $448.6 million remaining unsold. Commissions will not exceed 1%, and outstanding forward sale agreements cover about $6 billion combined.
1. Share sale program
Xcel Energy entered an equity distribution agreement on October 30, 2026, to sell up to $6 billion of common stock through at-the-market sales or forward sale agreements. Sales agent commissions will not exceed 1%. The agreement replaces the May 1, 2026, program, which had about $448.6 million of shares remaining unsold. Outstanding forward sale agreements cover about $3.8 billion under the May program and $2.2 billion under its predecessor.
