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Xcel no longer backing Prairie Island upgrade

By Washington Examiner
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MINNEAPOLIS (AP) — Xcel Energy Inc. is no longer backing a proposed upgrade at its Prairie Island nuclear power plant near Red Wing, the company told Minnesota regulators in a filing.

The Minneapolis-based utility no longer believes that spending $237 million to boost power at the plant’s two reactors is a good deal for customers, the Star Tribune (http://bit.ly/UxBXaM) reported. Xcel told state regulators of its decision in the filing late Monday.

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