Xcel Energy falls as Texas AG launches probe into utilities connected to wildfires

Xcel Energy

15/08/2025 17:34

** Shares of U.S. utility Xcel Energy XEL.O fall 1.6% to $71.26

** Texas attorney general Ken Paxton announces an investigation into several utility companies connected to the Smokehouse Creek and Windy Deuce Fires

** The office issues civil investigative demand letters to Xcel Energy XEL.O, Osmose Utilities Services and Southwestern Public Services Company for documents related to the fire in order to ascertain if any Texas laws were violated

** Including session's moves, shares are up 5.4% YTD

 (Reporting by Katha Kalia in Bengaluru)

 ((Katha.Kalia@thomsonreuters.com))