Meta to build $800M data center in Rosemount, Minnesota [CBS News]
Xcel Energy Inc. (XEL)
Last xcel energy inc. earnings: 1/30 06:00 am
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Source: CBS News
The more than 700,000 square foot center will be located along County Road 42, just east of the Dakota County Technical College. During an announcement Thursday, officials revealed the project had been under wraps for several years. They called the secret project 'Project Bigfoot.' "They can build anywhere. And they looked everywhere. And they chose Rosemount in Dakota County in Minnesota.," Governor Tim Walz said. Meta purchased the 280 acres from the University of Minnesota, which said it plans to use the money to fund more agricultural research. "Thank you for welcoming us to this fantastic community, we are so proud to be here," said Brad Davis, Meta's director of data center community development. Meta said the data center will be optimized for its AI workload, promising 1,000 construction jobs and 100 on-site positions. "This data center will bring to Rosemount, it will contribute millions of dollars in tax revenue supporting our communities' growth," said Rosemount
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XEL
News
- Xcel Energy Inc. (NASDAQ: XEL) had its price target raised by analysts at Evercore ISI from $54.00 to $59.00. They now have an "outperform" rating on the stock.MarketBeat
- Denver Film's 25th Film on the Rocks lineup includes The Matrix, family favorites [CBS News]CBS News
- Xcel Energy Inc. (NASDAQ: XEL) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Minnesota will soon be home to 5th largest solar facility in the nation [CBS News]CBS News
- Xcel Energy (XEL) Q1 Earnings Beat, Revenues Lag Estimates [Yahoo! Finance]Yahoo! Finance
XEL
Earnings
- 4/25/24 - Beat
XEL
Sec Filings
- 4/25/24 - Form 10-Q
- 4/25/24 - Form 8-K
- 4/18/24 - Form S-3ASR
- XEL's page on the SEC website