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"CapX 2020 is the type of investment that supports our Build the Core
<br />strategy," Kelly said. "The investments are in fully regulated utility operations, they
<br />benefit our customers, and the regulatory recovery mechanisms are in place."
<br />The approximate lengths and general locations of the proposed lines in Group 1
<br />are as follows:
<br />• A 200-mile, 345-kilovolt line between Brookings, S.D., and the southeast
<br />Twin Cities, plus a related 30-mile, 345-kilovolt line between Marshall,
<br />Minn., and Granite Falls, Minn.;
<br />• A 200-mile, 345-kilovolt line between Fargo, N.D., and the St.
<br />Cloud/Monticello, Minn., area;
<br />• A 150-mile, 345-kilovolt line between the southeast Twin Cities, Rochester,
<br />Minn., and La Crosse, Wis.
<br />• A 70-mile, 230-kilovolt line in the Bemidji area of north central Minnesota
<br />Along with Xcel Energy, utilities or groups that expect to participate in one or
<br />more of the CapX 2020 projects are: Dairyland Power Cooperative, La Crosse,
<br />Wis.; Great River Energy, Elk River, Minn.; Midwest Municipal Transmission
<br />Group, Des Moines, Iowa; Minnesota Power, Duluth, Minn.; Minnkota Power
<br />Cooperative, Grand Forks, N.D.; Missouri River Energy Services, Sioux Falls, S.D.;
<br />Otter Tail Power Company, Fergus Falls, Minn.; Rochester Public Utilities,
<br />Rochester, Minn.; Southern Minnesota Municipal Power Agency, Rochester,
<br />Minn., and Wisconsin Public Power Inc., Sun Prairie, Wis.
<br />More details can be found in the CapX 2020 news release issued today and at
<br />www.capx2020.com.
<br />Xcel Energy is a major U.S. electricity and natural gas company with regulated
<br />operations in 10 Western and Midwestern states. Xcel Energy provides a
<br />comprehensive portfolio of energy-related products and services to 3.3 million
<br />electricity customers and 1.8 million natural gas customers through its regulated
<br />operating companies. Company headquarters are located in Minneapolis. More
<br />information is available at www.xcelener~y.com.
<br />This news release includes forward-looking statements that are subject to certain risks,
<br />uncertainties and assumptions. Such forward looking statements are intended to be
<br />identified in this document by the words `anticipate," "estimate," "expect," `projected,"
<br />"objective," `outlook," `possible," `potential"and similar expressions. Actual results may
<br />vary materially. Factors that could cause actual results to differ materially include, but
<br />are not limited to: general economic conditions, including their impact on capital
<br />expenditures; business conditions in the energy industry; competitive factors; unusual
<br />weather; changes in federal or state legislation; regulation; risks associated with the
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