Northern States Power Company’s offering of $350 million aggregate principal amount of 3.600% First Mortgage Bonds, Series due May 15, 2046

Hunton & Williams LLP advised the underwriters on an SEC-registered offering of $350 million aggregate principal amount 3.600% First Mortgage Bonds, Series due May 15, 2046.

Northern States Power Company (a Minnesota Corporation) (the “Company”), a subsidiary of Xcel Energy Inc., is a major U.S. electricity and natural gas company, with operations in Minnesota, North Dakota and South Dakota. The Company provides a comprehensive portfolio of energy-related products and services to 1.4 million electricity customers and 0.5 million natural gas customers. The Company’s headquarters are located in Minneapolis.

The Hunton & Williams LLP team included Pete O’Brien, Steve Friend and Andrew Spector.