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Xcel Energy Sells Its Michigan Natural Gas Operations To SEMCO ENERGY And Electric Operations To UPPCO; Terms Undisclosed

Oct 6, 2026 · 09:22 AM ET· updated 13h ago

Xcel Energy (NASDAQ:XEL), SEMCO ENERGY Gas Company (SEMCO) and Upper Peninsula Power Company (UPPCO) today announced the sale of Xcel Energy’s Michigan natural gas operations to SEMCO and electric operations to UPPCO.If

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Why It Matters

Xcel Energy sold its Michigan gas and electric businesses to two other companies. When a company sells parts of its business, watch whether it helps them focus on their stronger areas.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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