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Sale of Xcel Energy’s Michigan Operations Announced
On October 6, 2026 Xcel Energy, SEMCO ENERGY Gas Company and Upper Peninsula Power Company (UPPCO) announced the sale of Xcel Energy’s Michigan natural gas operations to SEMCO and electric operations to UPPCO.
If approved by regulators, Xcel Energy’s 6,000 natural gas customers will be served by SEMCO, and 9,000 electric customers will be served by UPPCO. Together, these customers in Gogebic and Ontonagon counties will transition to providers with deep local roots in the Upper Peninsula.
“We are committed to ensuring a smooth transition for our customers and employees,” said Karl Hoesly, president of Xcel Energy–Wisconsin and Michigan. “Xcel Energy continues to invest heavily in Wisconsin and across its other territories, so this transaction will ensure the customers of the Upper Peninsula will also benefit from focused investments by SEMCO and UPPCO, as both bring deep regional experience providing safe and reliable service and are well equipped to meet customers’ long‑term energy needs.”
“This transaction represents a meaningful opportunity to strengthen energy service for communities across the Upper Peninsula,” said Marc Simone, president of SEMCO ENERGY Gas Company. “By welcoming new natural gas customers into the SEMCO system, we are reinforcing our commitment to safe, reliable and affordable service, while continuing to invest in the long‑term resilience of Michigan’s energy infrastructure.”
