Xcel Energy Inc.
Xcel Energy Inc. Announces Fifth Amended and Restated Credit Agreements
Summary
On May 6, 2025, Xcel Energy Inc. and its subsidiaries, Northern States Power Company (Minnesota), Public Service Company of Colorado, Southwestern Public Service Company, and Northern States Power Company (Wisconsin), entered into new credit agreements with several financial institutions. The agreements amend and restate existing credit facilities and provide new borrowing amounts, interest rate margins, and maturity dates. Xcel Energy's agreement is for up to $2.45 billion, NSP-Minnesota's is up to $970 million, PSCo's is up to $1.37 billion, SPS's is up to $660 million, and NSP-Wisconsin's is $150 million. The agreements also include covenants and conditions precedent. Exhibits of the new credit agreements are furnished.
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Exhibits (5)
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About Xcel Energy Inc.
Xcel Energy Inc. is a prominent utility company engaged in the generation, transmission, and distribution of electricity and natural gas. Primarily serving customers across eight states in the U.S., including the regions of the Midwest and Rocky Mountain areas, Xcel Energy plays a vital role in supplying energy to millions of residential, commercial, and industrial consumers. With a focus on sustainability and renewable energy, the company is actively expanding its renewable energy portfolio, investing in wind and solar power projects to reduce carbon emissions and promote cleaner energy solutions. Xcel Energy's operations are crucial for powering essential infrastructure and supporting economic activity in its service areas, making it a key player in the energy sector. Its commitment to innovation in energy production and distribution not only meets current demand but also gears towards future energy challenges in an evolving market landscape.
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