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Utilities plan $1.4T in capex over next five years to upgrade grid, power AI boom (XLU:NYSEARCA)

by theadvisertimes.com
4 months ago
in Business
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Utilities plan .4T in capex over next five years to upgrade grid, power AI boom (XLU:NYSEARCA)
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Apr 18, 2026, 8:25 PM ETState Street Utilities Select Sector SPDR ETF (XLU), DTCRIDU, IDGT, VPU, RSPU, FUTY, UTES, TRFK, VOLTBy: Carl Surran, SA News Editor
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U.S. investor-owned utilities have raised their capital spending plans over the next five years by more than 20%, as they seek to upgrade an aging power grid and meet rising electricity demand for the AI boom, according to a new



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Tags: 1.4TBoomcapexgridplanPowerUpgradeUtilitiesXLUNYSEARCAYears
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