Pekao Towarzystwo Funduszy Inwestycyjnych S.A. Invests in Xcel Energy

Polish investment firm takes new position in U.S. utility company

Apr. 19, 2026 at 11:07am

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A highly detailed, black-and-white close-up image of the inner workings of a large industrial machine, conveying a sense of the complex infrastructure that underpins the financial industry.

An extreme close-up of the intricate gears and mechanisms that power the global financial system, reflecting the growing international investment in U.S. utility companies.Minneapolis Today

Pekao Towarzystwo Funduszy Inwestycyjnych S.A., a Polish investment management firm, has purchased a new position in shares of Xcel Energy Inc. (NASDAQ:XEL), a Minneapolis-based utility company that provides electricity and natural gas services. The firm acquired 24,458 shares of Xcel Energy's stock, valued at approximately $1.8 million, making it the 19th largest holding in Pekao's portfolio.

Why it matters

This investment highlights the growing global interest in U.S. utility companies, particularly those focused on renewable energy sources like wind and solar. Xcel Energy has been recognized for its efforts to transition its power generation mix towards cleaner energy, which may be attracting international investors seeking sustainable long-term investments.

The details

According to a disclosure with the U.S. Securities and Exchange Commission, Pekao Towarzystwo Funduszy Inwestycyjnych S.A. purchased the 24,458 shares of Xcel Energy in the fourth quarter of 2025. The investment represents approximately 1.5% of Pekao's total holdings.

Pekao Towarzystwo Funduszy Inwestycyjnych S.A. made the investment in the fourth quarter of 2025.

The players