Xcel Energy Corporation (Xcel Energy) currently holds a license issued by the Federal Energy Regulatory Commission (FERC) to operate and maintain the Saxon Falls Hydroelectric Project (Saxon Falls). The current license, which designated the Project as FERC No. 2610, expires on December 31, 2024. To receive a new license from FERC, Xcel Energy is required to begin the relicensing process by submittal of a Notice of Intent to relicense (NOI) and a pre-application document (PAD) to FERC no later than December 31, 2019.