Northern States Power completes $850 million public offering of Green Bonds

Client(s) Xcel Energy Inc.

Jones Day represented Northern States Power Company, a Minnesota Corporation and wholly owned subsidiary of Xcel Energy Inc., in connection with its underwritten public green bond offering of $425 million aggregate principal amount of 2.25% First Mortgage Bonds due 2031 and $425 million aggregate principal amount of 3.20% First Mortgage Bonds due 2052. Northern States Power Company is a utility primarily engaged in the generation, purchase, transmission, distribution, and sale of electricity in Minnesota, North Dakota, and South Dakota, and the purchase, transportation, distribution, and sale of natural gas in Minnesota and North Dakota.