Xcel Energy to Deploy Advanced Virtual Power Plant in Colorado with Itron and Tesla

LIBERTY LAKE, Wash., March 20, 2025 (GLOBE NEWSWIRE) — Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for energy providers and cities to manage energy and water, is collaborating with Tesla Inc. to deploy an advanced virtual power plant (VPP) in Colorado in collaboration with Xcel Energy. The collaboration is part of a new effort in Itron’s ongoing work with Xcel Energy to manage the growing number of distributed energy resources (DERs) with Itron’s Grid Edge Intelligence (GEI) solutions. This initiative enables Xcel Energy to enhance the management of DERs and the value they provide for customers.Senior Manager, Corporate Communications
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