Xcel Energy Capacity*Connect — 50–200 MW distributed BESS program, Minnesota (Minnesota PUC approved)
Minnesota Public Utilities Commission approves Xcel Energy's Capacity*Connect program: a $430M distributed battery storage program deploying 50–200 MW of utility-owned batteries (1–3 MW each) across the distribution grid by 2028, in partnership with Sparkfund. First-in-the-nation utility-owned distributed capacity procurement of this scale, approved over objections from SEIA, MnSEIA, and CCSA who advocated for competitive third-party access. PUC deferred VPP decisions separately. Source: Utility Dive, April 8, 2026; pv magazine USA, April 8, 2026.
$430M
Deal Value
200MW
Capacity
BESS
Technology
MN
Location
Deal Details
- Deal Type
- Utility Procurement
- Seller / Sponsor
- Xcel Energy / Sparkfund
- Deal Value
- $430,000,000
- Stage
- Development
- ISO/RTO
- MISO
- Source
- Utility Dive
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