Xcel Energy to Transfer Stock Exchange Listing to Nasdaq

Ticker symbol to remain "XEL"

MINNEAPOLIS–(BUSINESS WIRE)–Xcel Energy Inc. (NYSE: XEL) today announced that it will voluntarily
transfer its stock exchange listing from the New York Stock Exchange
(NYSE) to the Nasdaq Global Select Market (Nasdaq), effective December
29, 2017 after the market close. Xcel Energy shares are expected to
begin trading as a Nasdaq-listed security on January 2, 2018. The
company will retain its current ticker symbol “XEL”.

“We are pleased to join the world’s most innovative companies listed on
Nasdaq, and to be the first Fortune 500 utility listed on Nasdaq,” said
Ben Fowke, chairman, president, CEO, Xcel Energy. “This move is a
natural transition for Xcel Energy as the company embraces technology
and innovation. We are excited to partner with Nasdaq to leverage
cutting-edge technology, trading liquidity, enhanced visibility
opportunities and cost efficiencies.”

“Nasdaq is proud to be the listing venue of choice for Xcel Energy and a
dedicated business partner for the company and its shareholders,” said
Adena Friedman, president and CEO, Nasdaq. “As the energy industry
evolves, Nasdaq remains committed to supporting innovators like Xcel
Energy as they lead the clean energy transition on behalf of customers.”

About Xcel Energy
Xcel Energy (NYSE: 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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Contacts

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