Xcel Energy Inc. · NASDAQ:XEL
Xcel Energy — Corporate Update (August 2020)
35 slides from Xcel Energy's corporate update, Aug 5, 2020
Slide 1: Dakota Range Wind Project
DAKOTA RANGE WIND PROJECT August 5, 2020 © 2020 Xcel Energy 1
Slide 2: Project team
Project team Steve Kolbeck – Principal Manager Chad Peterson – Land Rights David Lau – Landowner Representative Robert Sandling – Project Manager Adam Steadland – Payments John Riley – Mortenson Construction Dave Lau – Xcel Energy on-site Rep. 2
Slide 3: Welcome!
Welcome! Participants are muted Click on Q & A to enter a question © 2020 Xcel Energy 3
Slide 4: Xcel Energy – About Us
Xcel Energy – About Us NSP-Minnesota NSP-Wisconsin Public Service Colorado (PSCo) Serving eight states • 3.6 million electricity customers • 2 million natural gas customers Southwestern • 12,500 employees Public Service (SPS)
Slide 5: Our Team
OUR TEAM Steve Kolbeck, Joe Anderson, Eric Pauli, Principal Manager Account Manager Community Relations Manager 5
Slide 6: Serving South Dakota
SERVING SOUTH DAKOTA • 104 South Dakota jobs • $192,000 foundation giving • $15.9 million local taxes • $3.9 million spending in state • $100,000 economic development • 92,150 customers • Angus Anson Plant • Volunteering Clean, Safe, Reliable
Slide 7: Xcel Energy's Current and Future Energy Mix
Xcel Energy’s Current and Future Energy Mix (Upper Midwest System) 2017 2030 Nuclear 29% Wind Wind 18% 37% Nuclear Other* 29% 11% Solar 3% Natural Gas Coal 30% Coal 12% Hydro Natural 14% 6% Gas 11% * Hydro, biomass, solar, fuel oil
Slide 8: Upper Midwest Wind Projects
Upper Midwest Wind Projects 1970 Megawatts 12 projects
Slide 9: South Dakota Projects
South Dakota Projects • Crowned Ridge Wind −600 MW −Codington, Deuel & Grant Counties • Dakota Range 1&2 −300 MW −Grant & Codington Counties • Customer, landowner, local benefits • Fuel cost savings • Construction & Full-time Jobs
Slide 10: Dakota Range Project Area
Dakota Range Project Area • Xcel Energy purchased Dakota Range 1 and II from Apex Energy 10
Slide 11: Dakota Range Overview
Dakota Range Overview © 2020 Xcel Energy 11
Slide 12: Landowner Outreach
Landowner Outreach • Xcel Energy and Mortenson will reach out prior to construction on your property • Construction activities beginning in August 2020 • Mobilization • Access road work • Crop damages © 2020 Xcel Energy 12
Slide 13: Landowner Payments
Landowner Payments • Installation Payment for the Turbines and Substation will be paid in September upon the start of construction. • Turbine and Substation access fee will be paid annual starting in the second Calendar year of the Extended Term escalating at 2.5% every year. • Gross Revenue Payment
Slide 14: Contact Us
Contact Us You can also reach out to our Xcel Energy representatives listed below. Dave Lau Xcel Energy on site representative 605.881.2622 davidlauwind@gmail.com Chad Peterson Land Rights Agent 612.330.7825 Chad.T.Peterson@xcelenergy.com Robert Sandling Project Manager 612.342.8920 Robert.K.Sandlin
Slide 15: © 2020 Xcel Energy
© 2020 Xcel Energy 15
Slide 16: Mortenson Overview
Mortenson Overview • Family-owned firm – 65 years • Based in Minneapolis, MN • 5,000+ Team Members • 175+ Wind Projects 1
Slide 17: Dakota Range Wind Project Map
Dakota Range Wind Project Map 2
Slide 18: Wind Farm Construction Impacts
Wind Farm Construction Impacts Will jobs be created in the community? – Site personnel will peak around 200 workers – Combination of local hires and Mortenson travelers – Local contractors and vendors may be engaged
Slide 19: Wind Farm Construction Impacts
Wind Farm Construction Impacts How will the project affect local roads? – Speeds will be reduced on “project roads” – Dust control measures will be applied within the project areas – Additional signage within the project area warning of traffic entering roads, power lines, equipment working, and tur
Slide 20: Wind Farm Construction Impacts
Wind Farm Construction Impacts Will the local economy benefit from the project? – Impacted by the housing, recreation, and daily living needs of construction workers – Increased traffic for local businesses such as restaurants, service stations, shops, and lodging establishments
Slide 21: Wind Farm Construction Impacts
Wind Farm Construction Impacts Will the local economy benefit from the project? – Construction worker involvement with local charities, donating time and contributing to fundraising efforts.
Slide 22: Construction Schedule for Dakota Range
Construction Schedule for Dakota Range •Project Mobilization – Beginning August 3, 2020 •Building of Access Roads – Beginning August 3, 2020 •O&M Building – Beginning August 3, 2020 •Install Foundations – Beginning August 24, 2020 •Install Electrical Collection – Beginning August 25, 2020 •Construct
Slide 23: Construction Process Overview
Construction Process Overview Construction Operations •Construct Lay-down and Office Trailer Yard •Stake and Build Roads •O&M Building •Install Foundations •Install Electrical Collection •Construct Substation •Erect Wind Turbines •Test and Commission Systems •Energize Turbines •Site Restoration
Slide 24: Mobilization (August 2020)
Mobilization (August 2020) Office/Laydown Yard Parking Lot, Site Offices, Conexes, Batch Plant
Slide 25: Road Building Beginning August 2020
Road Building Beginning August 2020 1. Prepare Sub-grade 2. Place Fabric & Aggregate 3. Install Drainage Structures 4. Compact and Grade
Slide 26: Foundations Beginning August 2020
Foundations Beginning August 2020 Excavation • Average Size - 75’ Diameter • Average Depth - 11’
Slide 27: Foundations
Foundations Foundation Installation • Install Rebar • Pour Concrete
Slide 28: Foundations
Foundations Foundation Backfill
Slide 29: Substation & T-Line Work Beginning October 2020
Substation & T-Line Work Beginning October 2020
Slide 30: Underground Electrical Collection Beginning May 2021
Underground Electrical Collection Beginning May 2021 Plowing & Cable Operations
Slide 31: Turbine Delivery and Offload Beginning June 2021
Turbine Delivery and Offload Beginning June 2021
Slide 32: Turbine Erection & Tower Wiring
Turbine Erection & Tower Wiring Beginning June 2021
Slide 33: Site Restoration Fall 2021 thru Spring 2022
Site Restoration Fall 2021 thru Spring 2022 Reseeding / Gravel Addition
Slide 34: COVID-19
COVID-19 During the COVID-19 pandemic we are limiting access to the project site. Please call ahead if you would like to meet with any of the project staff. Masks and physical distancing of 6’ are required on site when you visit. The project is working with the Codington and Grant county medical per
Slide 35: Questions?
Questions? Mortenson