Here are the DEF 14A proxy statements from Xcel Energy Inc. 6.25% Junior Subordinated Notes, Series due 2085 (XELLL) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A DEF 14A covers the proxy statement, with executive pay and the shareholder votes, so if you follow XELLL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full XELLL filings page.
Xcel Energy is asking shareholders to vote at its virtual 2026 annual meeting on May 20, 2026 on three items: electing 10 directors, an advisory say-on-pay vote and ratifying Deloitte & Touche as auditor for 2026.
The proxy highlights 2025 performance, including $3.80 ongoing EPS, record $12 billion of infrastructure investment and 99.98% electric reliability. Management notes 21 consecutive years of meeting or exceeding initial earnings guidance and 23 years of consecutive dividend increases. The company reports a 58% reduction in carbon emissions from 2005 levels and a goal to be a net-zero energy provider by 2050.
Xcel outlines a five-year, $60 billion capital plan for 2026–2030, adding 1,900 MW of storage, 3,000 MW of natural gas generation and 7,500 MW of zero-carbon renewables, plus $5 billion for grid hardening and wildfire mitigation. The proxy emphasizes strong governance practices, an experienced mostly independent board, clear risk oversight and a pay-for-performance compensation program that ties a significant portion of executive pay to EPS growth, carbon reduction and other operational and sustainability metrics.