Energy CEO: 'AI Data Centers Are Changing Everything We Do'
At Barron's
At Barron's
4.7 • 20 Ratings
🗓️ 13 February 2026
⏱️ 21 minutes
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| 0:00.0 | Could AI help you do more of what you love? |
| 0:03.0 | Workday is the next-gen ERP powered by AI that actually knows your business. |
| 0:08.0 | We help you handle the have-to-dos so you can focus on the can't-wait-to-dos. |
| 0:13.0 | It's a new workday. |
| 0:19.0 | Hello everyone and welcome to At Barrens. |
| 0:21.6 | I'm Andy Surwer and welcome to our guest Bob Frenzel, CEO of Excel Energy. |
| 0:26.6 | Bob, nice to see you. |
| 0:27.6 | Thanks for joining us. |
| 0:28.6 | Yeah, thanks for having me, Andy. |
| 0:29.6 | I'm excited to be here. |
| 0:30.6 | So Excel is a regulated utility based in Minneapolis, Minnesota. |
| 0:34.6 | Tell us about your geographic footprint number number one, and number two, |
| 0:39.2 | how you're different from other regulated utilities. So Xcel Energy is one of the largest |
| 0:45.5 | investor-owned utilities. We're headquartered in Minnesota, but we actually serve |
| 0:49.0 | six million electric and gas customers across the upper Midwest and in the southwest. |
| 0:59.0 | I'd say maybe strategically, probably the biggest differentiator for Excel Energy is we serve customers where the wind blows and the sun shines. |
| 1:03.0 | And that has allowed us as a company to really deliver a cleaner energy product |
| 1:09.0 | over a long period of time at very affordable prices for |
| 1:13.0 | our customers. I want to jump Ryan in and ask you about AI data centers because that's all |
| 1:17.8 | anyone's talking about in the business, been driving the stocks a lot. How is that changing your |
| 1:23.5 | business and what kind of exposure do you have to that industry? AI data centers are changing everything we do as a company and everything I think the country |
| 1:32.1 | is going to do over the next 10 to 20 years. We, not going to surprise you, one of the biggest |
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