Hunton Andrews Kurth LLP Represents Underwriters in Public Service Company of Colorado’s Inaugural Issuance of Green Bonds

Hunton Andrews Kurth LLP advised the underwriters on SEC-registered offerings by Public Service Company of Colorado (“PSCo”) of (i) $350 million aggregate principal amount of first mortgage bonds due 2028 and (ii) $350 million aggregate principal amount of first mortgage bonds due 2048. An amount equal to the net proceeds of the offerings will be used in the development, construction and operation of, as well as transmission infrastructure to support, PSCo’s 600 MW wind generation facility in Colorado at Rush Creek.

PSCo, a wholly owned subsidiary of Xcel Energy Inc., is a utility engaged primarily in the generation, purchase, transmission, distribution and sale of electricity in Colorado. PSCo also purchases, transports, distributes and sells natural gas to retail customers and transports customer-owned natural gas. PSCo provides electric utility service to approximately 1.5 million customers and natural gas utility service to approximately 1.4 million customers.

The Hunton Andrews Kurth team included Pete O’Brien, Christina Kwon, Patrick Jamieson and Soyung Kang. Cary Tolley and Kimberly Nolte provided tax advice.