Summary
Xcel Energy Inc. (XEL) filed an 8-K on February 27, 2002, detailing an Underwriting Agreement for the sale of 20,000,000 shares of its Common Stock. This offering was registered under the Securities Act of 1933 via a shelf registration. The filing also includes selected historical and unaudited pro forma consolidated condensed financial data. The pro forma financial data is intended to illustrate the potential impact of both the common stock offering and a previously announced exchange offer for NRG Energy common stock and subsequent merger, as if these transactions had occurred earlier. This information is provided for illustrative purposes and does not represent actual future financial performance. Investors should note the forward-looking nature of this information and the inherent risks and uncertainties associated with such projections, including general economic conditions, energy industry factors, regulatory changes, and potential issues related to the California power market.
Key Highlights
- 1Xcel Energy Inc. entered into an Underwriting Agreement on February 25, 2002, to sell 20,000,000 shares of its Common Stock.
- 2The stock offering was registered under the Securities Act of 1933 through a shelf registration (File No. 333-82352).
- 3The filing includes unaudited pro forma financial data to show hypothetical results if the stock offering and the NRG Energy merger had occurred earlier.
- 4Pro forma income statement data for year-end 2001 reflects the stock offering and NRG merger as if completed on January 1, 2001.
- 5Pro forma balance sheet data as of December 31, 2001, reflects the stock offering and NRG merger as if completed on that date.
- 6The pro forma data is for informational purposes and is not indicative of future actual results or financial position.
- 7The report includes forward-looking statements subject to various risks and uncertainties.