Xcel Energy approves $40M in new transmission projects

Xcel Energy has planned upgrades for 30 miles of transmission lines and several electrical substations.

These come as part of eight infrastructure projects.

The company calls the $40 million investment a part of the push to strengthen the grid along the New Mexico-Texas border.

It hopes to complete the projects by 2021.

Xcel says it has invested in nearly 800 miles of new transmission lines and 10 substations in both states since 2011.

It intends to build over 700 miles of lines in the next few years.