Hunton Andrews Kurth Represents Underwriters on Public Service Company of Colorado’s $850 Million First Mortgage Bond Offering

Hunton Andrews Kurth LLP advised the underwriters on a SEC-registered offering by Public Service Company of Colorado (the “Company”) of $850 million aggregate principal amount of 5.25% First Mortgage Bonds, Series 40 due 2053.

The Company is a wholly owned subsidiary of Xcel Energy Inc., and was incorporated in 1924 in Colorado. The Company is an operating utility engaged primarily in the generation, purchase, transmission, distribution and sale of electricity in Colorado. 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 1.6 million customers and natural gas utility service to approximately 1.5 million customers.

The Hunton Andrews Kurth team included Peter K. O’Brien, Brendan P. Harney, Reuben H. Pearlman and Jingyi “Alice” Yao. Robert McNamara and Tim Strother provided tax advice.