- $1.4 trillion utility spending spree to keep up with AI data centers could hike electric bills: study NY Post —
- U.S. utilities are planning a $1.4 trillion spending spree, up 30%, over the next five years amid the AI construction boom Fortune —
- Utilities to spend $1.4 trillion over 5 years amid data center boom CBS News —
- Utilities Plan to Spend $1.4 Trillion Over Next Five Years to Power AI Boom Wall Street Journal —
- Xcel Energy CEO says US must scale up power infrastructure to meet AI challenge Semafor —
- Constellation CEO says US not ‘going to win’ the race with China on building out energy for AI Semafor —
- Oracle taps Bloom for 2.8 GW of fuel cells to keep datacenter binge going The Register —
- Oracle to buy power from Bloom Energy for AI, company reveals it issued warrant for Oracle to … Times Of India —
- Oracle jumps for a second day, Bloom Energy soars 20% on AI data center power deal CNBC —
Xcel Energy
American utilities company
Xcel Energy Inc. is a U.S. regulated electric utility and natural gas delivery company based in Minneapolis, Minnesota, serving approximately 3.9 million electricity customers and 2.2 million natural gas customers across parts of eight states as of mid-2025. It consists of four operating subsidiaries: Northern States Power-Minnesota, Northern States Power-Wisconsin, Public Service Company of Colorado, and Southwestern Public Service Co.
Utilities' $1.4 Trillion AI Binge