Columbus, Ohio, (Nov. 21, 2025) — Transource Energy, LLC, together with Xcel Energy (NASDAQ: XEL) and its subsidiary Southwestern Public Service Company, have been awarded the Beckham County–Potter 345 kilovolt (kV) transmission project by the Southwest Power Pool (SPP) Board of Directors. This project is a key component of SPP’s 2024 Integrated Transmission Planning Assessment, designed to strengthen the regional grid and support growing electricity demand.
The new transmission line will span approximately 128 miles, connecting Xcel Energy’s Potter County substation near Amarillo to Oklahoma Gas & Electric Company’s Beckham County substation in western Oklahoma. This investment will enhance electric reliability, improve system resilience and enable future growth across the SPP footprint.
Project Highlights:
- Major Investment: Estimated cost of $222 million to expand extra-high voltage infrastructure in the region.
- New Transmission Line: Approximately 128 miles of 345 kV line linking Texas and Oklahoma.
- Timeline: Expected in-service date of November 2029.
“This project reinforces our commitment to delivering reliable, cost-effective energy to our customers while supporting the region’s long-term energy needs and growing economy,” said Jarred Cooley, Strategic Planning Director for Xcel Energy. “Partnering with Transource allows us to combine not only expertise, but also resources to strengthen the grid for decades to come.”
“We are excited to partner with Xcel Energy on this critical project that will strengthen the regional transmission network and support the Southwest Power Pool’s vision for a reliable, resilient grid,” said Stacey Burbure, President at Transource Energy.
The Beckham County–Potter project is part of SPP’s ongoing efforts to modernize transmission infrastructure and ensure dependable service for communities experiencing increased electricity demand.
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About Transource
Transource is a partnership between American Electric Power (Nasdaq: AEP) and Evergy focused on the development and investment in competitive electric transmission projects across the U.S. AEP owns 86.5 percent of Transource. Evergy owns 13.5 percent of Transource. Transource’s parent companies combine more than 100 years of expertise in the planning, design, engineering, construction and operation of transmission systems.
About Xcel Energy
Xcel Energy (NASDAQ: XEL) is a leading energy provider, dedicated to serving millions of customers with excellence. We make energy work better for customers, helping them thrive every day. That means always raising the bar — delivering better service and providing more reliable, resilient and sustainable energy.
We are committed to leading the clean energy transition, meeting our customers’ need for more, cleaner power, while keeping bills as low as possible. Because the people we serve depend on us to power their lives.
Headquartered in Minneapolis, we work every day to generate and distribute electricity and gas to customers across eight states: Minnesota, Colorado, Wisconsin, Michigan, North Dakota, South Dakota, New Mexico and Texas. For more information, visit xcelenergy.com or follow us on X and Facebook.
Contact Information:
Transource Media Relations
mediarelations@aep.com
614-716-1938
transourceenergy.com
Xcel Energy Media Relations
790 S. Buchanan St.
Amarillo, TX 79101
806-513-1538
mediainquiries@xcelenergy.com
xcelenergy.com