Per Reuters, Xcel Energy announced yesterday that it is planning to invest $1.3B to repower and retrofit coal plants in Colorado, in order to comply with the state’s Clean Air Clean Jobs Act. The $1.3B investment is expected to be $225 million less than the cost of retrofitting all of its Colorado plants to comply.

As part of the plan, Xcel plans to do the following:

Retire 186MW of coal-fired power at its Valmont plant … Read the rest