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Press Releases

Xcel Energy inks 5-year service agreement with POWER Engineers

June 2019

Contract supports utility’s high standards for quality

MINNEAPOLIS (June 18, 2019) ‒ Xcel Energy has signed a multimillion-dollar five-year agreement with POWER Engineers, Inc. for transmission, substation, communications and protective relay services.

POWER has worked with Xcel Energy on projects such as CapX2020, the largest development of new transmission capacity in the Midwest region in more than 40 years. More recently, POWER worked with Xcel Energy to relocate two underground transmission lines and make way for the largest stormwater project in Denver’s history. Other projects with Xcel Energy and its subsidiaries have included upgrading substations to meet NERC critical infrastructure protection standards and supporting cybersecurity upgrades and a significant replacement of communications circuits.

“Xcel Energy is a recognized leader in the U.S. power industry,” said Holger Peller, executive vice president for POWER’s Power Delivery division. He noted that for the fifth year in a row, Fortune Magazine this year recognized Xcel Energy as one of the World’s Most Admired Companies, ranking it second among electric and gas companies.

“One of the values to be found in the new agreement is the ability to onboard new staff to proficiency in Xcel Energy’s practices and systems while maintaining the utility’s high expectations for quality,” Peller said.

POWER is one of two firms to receive a master service agreement contract this year. Peller attributed POWER’s success to a unique teaming agreement with HDR, Inc., substation and transmission line engineering consultant.

“Through this agreement, POWER is pleased to support Xcel Energy’s goal of consolidating work to achieve the best value for customers, stockholders and the company,” he said.

“We look forward to working with POWER,” said Michael Lamb, senior vice president, Xcel Energy Transmission. “This agreement will enable us to continue providing safe, reliable, low-cost and increasingly clean electricity to our customers.”

About Xcel Energy: Xcel Energy (NASDAQ: XEL) provides the energy that powers millions of homes and businesses across eight Western and Midwestern states. Headquartered in Minneapolis, the company is an industry leader in responsibly reducing carbon emissions and producing and delivering clean energy solutions from a variety of renewable sources at competitive prices.

About HDR: For more than a century, HDR has partnered with clients to shape communities and push the boundaries of what’s possible. Our expertise spans nearly 10,000 employees, in more than 200 locations around the world — and counting. Our engineering, architecture, environmental and construction services bring an impressive breadth of knowledge to every project. Our optimistic approach to finding innovative solutions defined our past and drives our future.

About POWER Engineers: POWER Engineers is a global consulting engineering firm specializing in the delivery of integrated solutions for energy, food and beverage facilities, environmental and federal markets. POWER Engineers offers complete multidiscipline engineering and program management services. Founded in 1976, it is an employee-owned company with more than 2,500 employees and 45 offices throughout the United States and abroad.

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