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Jacobs to Lead Xcel Energy’s Multi-Billion-Dollar Capital Program
Slice of Energy Team
February 24, 2025
Key Highlights:
Jacobs selected as Program Manager and Owner’s Engineer for Xcel Energy’s capital program.
Supporting Xcel Energy’s $45 billion investment plan for a stronger, cleaner, and more efficient grid.
Creation of a Central Program Office and Major Projects Group to manage transmission, distribution, and generation projects.
Expanding Jacobs' program management footprint, including recent wins in California and the Philippines.
Jacobs ranked No.1 globally in Program Management by Engineering News-Record (ENR).
Source: PR Newswire
Notable Quotes:
“This program continues Jacobs' relationship with Xcel Energy in delivering capital projects, upgrading utility infrastructure, and supporting future load demand requirements.”
“Our country’s energy grid faces the biggest transition in a century. We will meet this historic moment by powering new technologies, U.S. manufacturing expansion, and the electrification of vehicles, homes, and businesses.”
Why This Matters:
This partnership between Jacobs and Xcel Energy marks a significant step toward modernizing the U.S. energy grid and ensuring a low-carbon, resilient energy future. With a $45 billion investment plan, Xcel Energy is tackling increasing electricity demand, infrastructure resilience, and clean energy adoption. Jacobs’ expertise in program management, transmission, and generation will be key to achieving these ambitious energy goals.