other material
confidence high
sentiment neutral
materiality 0.65
Xcel Energy enters into equity distribution agreement for up to $2.5B ATM offering
XCEL ENERGY INC
- Entered equity distribution agreement with 14 sales agents for up to $2.5B of common stock.
- Commission of up to 1.0% of gross sales price per agent; shares registered under S-3 (333-275228).
- Offering terminates upon sale of all shares or termination of agreement by Xcel or any agent.
- Use of proceeds not specified; expected for general corporate purposes and capital expenditures.