EXHIBIT 5
XCEL ENERGY INC.
800 Nicollet Mall, Suite 3000, Minneapolis, Minnesota 55402-2023
Voice: (612) 330-7623 Fax: (612) 330-6222 Email: gary.r.johnson@nspco.com
January 26, 2001
Xcel Energy Inc.
800 Nicollet Mall
Suite 3000
Minneapolis, Minnesota 55402-2023
|
Re: |
|
1,500,000 Shares of Common Stock, par value $2.50 per share, issued pursuant
to Executive Annual Incentive Award Plan |
Ladies and Gentlemen:
I serve as Vice President and General Counsel of Xcel Energy Inc. (the "Company"), and in such capacity I have acted as counsel to the Company in connection with the proposed issuance of the Common Stock referred to above (the "Shares") pursuant to the Executive Annual Incentive Award Plan. The Shares are the subject of the Company's Registration Statement on Form S-8 under the Securities Act of 1933, as amended, to which this opinion, with my consent, is attached as an exhibit.
As to certain questions of fact, I have relied upon statements and certificates of certain officers of the Company and other professionals retained by the Company. I have assumed the authenticity of all documents submitted to me as originals, the genuineness of all signatures, the legal capacity of all natural persons and the conformity to the originals of all documents submitted to me as copies. I have examined all records, instruments and documents which I have deemed necessary for the purpose of this opinion.
Based upon the foregoing and upon my general familiarity with the properties and affairs of the Company, I am of the opinion that:
- 1.
- The Company is a validly organized and legally-existing corporation under the law of the State of Minnesota.
- 2.
- When, as and if the Shares have been duly issued and delivered, and the consideration for the Shares has been duly received by the Company in the manner contemplated by the Registration Statement, the Shares will be legally issued, fully paid, and non-assessable shares of stock of the Company.
|
Very truly yours, |
|
/s/ Gary R. Johnson |
|
Gary R. Johnson
Vice President and General Counsel |
