Xcel Energy, Heartland Hydrogen Hub Selected For Up To $925M Federal Award
Portfolio Pulse from Benzinga Newsdesk
Xcel Energy and Heartland Hydrogen Hub have been selected for a federal award of up to $925M from the U.S. Department of Energy. The award will advance the development of new, clean technology and reduce carbon emissions.
October 13, 2023 | 11:02 am
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Xcel Energy's selection for a federal award of up to $925M will likely boost its efforts in clean technology development and carbon emissions reduction.
The federal award will provide significant funding for Xcel Energy's clean technology initiatives, which could enhance its market position and potentially increase its stock value in the short term.
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