Xcel Energy Stock Begins Trading on Nasdaq

The company will retain its stock ticker symbol "XEL"

MINNEAPOLIS–(BUSINESS WIRE)–Xcel Energy Inc. (Nasdaq:XEL), a leading electric & gas utility and
renewable energy leader, today began trading on the Nasdaq Global Select
Market (Nasdaq). The company announced a voluntary transfer from the New
York Stock Exchange (NYSE) to Nasdaq last month.

Xcel Energy is the first Fortune 500 utility listed on Nasdaq. The
company serves 3.6 million electric and 2.0 million gas customers across
eight Western and Midwestern states and is the nation’s No.1 utility
wind energy provider, a ranking it’s held for more than a decade.

“We are pleased to join Nasdaq and its listed companies that are
renowned leaders in their respective industries,” said Ben Fowke,
chairman, president, CEO, Xcel Energy. “At Xcel Energy, we’re leading
the transition to clean energy. Harnessing wind allows us to deliver
lower prices and cleaner energy to our customers today and in the
decades to come. Our investment strategy provides tremendous value for
our shareholders and our customers.”

Following an initial listing period, Xcel Energy is expected to be
included in the Nasdaq 100 Index which represents the largest
non-financial domestic and international securities listed on the Nasdaq
Stock Market based on market capitalization.

About Xcel Energy

Xcel Energy (Nasdaq:XEL) provides the energy that powers millions of
homes and businesses across eight Western and Midwestern states.
Headquartered in Minneapolis, the company is an industry leader in
responsibly reducing carbon emissions and producing and delivering clean
energy solutions from a variety of renewable sources at competitive
prices. For more information, visit xcelenergy.com
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Forward-looking statements

Certain information contained in this release is forward-looking
information based on current expectations and plans that involve risks
and uncertainties. Such forward-looking information includes, among
other things, statements concerning the expected development of future
wind projects, investment amounts and expected fuel savings. Xcel Energy
cautions that certain factors can cause actual results to differ
materially from the forward-looking information that has been provided.
The reader is cautioned not to put undue reliance on this
forward-looking information which is subject to a number of risks,
uncertainties and assumptions. The following factors, in addition to
those discussed in Xcel Energy’s Annual Report on Form 10-K for the
fiscal year ended Dec. 31, 2016 may cause results to differ: the ability
to construct facilities in accordance with the requirements of permits
and licenses, and to satisfy any operational and environmental
performance standards; cost overruns; and the ability to satisfy the
requirements of tax credits and other incentives. Xcel Energy expressly
disclaims any obligation to update any such forward-looking information.

Contacts

Xcel Energy Inc.
Media Relations, 612-215-5300
www.xcelenergy.com