Hunton Andrews Kurth Advises Purchasers of Northern States Power Company (Wisconsin)’s Private Placement of $125 Million of First Mortgage Bonds

Hunton Andrews Kurth LLP advised the purchasers in connection with Northern States Power Company (Wisconsin)’s (the “Company”) issuance of $125 million aggregate principal amount of its 5.30% First Mortgage Bonds, Series due June 15, 2053 (the “Bonds”), in a private placement under Section 4(a)(2) of the Securities Act of 1933, as amended. The Bonds were issued on June 8, 2023.

The Company is a wholly-owned subsidiary of Xcel Energy Inc., and was incorporated in 1901 in Wisconsin. It generates, transmits, distributes and sells electricity. The Company also purchases, transports, distributes and sells natural gas to retail customers and transports customer-owned natural gas. As of December 31, 2022, the Company provided electric utility service to approximately 0.3 million customers and natural gas utility service to approximately 0.1 million customers.

The Hunton Andrews Kurth team included Peter K. O'Brien, Brendan P. Harney, Reuben H. Pearlman and Monika M. Dziewa. Leslie A. Okinaka provided ERISA advice.