UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

~~May~~September 3113, ~~2022~~2023

Date of Report (Date of earliest event reported)

Exact name of registrant as specified in its charter

State or other jurisdiction of incorporation or organization

Commission

Address of principal executive offices

IRS Employer

File Number

Registrant's telephone number, including area code

Identification No.

000-52378

NEVADA POWER COMPANY

88-0420104

(A Nevada Corporation)

6226 West Sahara Avenue

Las Vegas, Nevada 89146

702-402-5000

000-00508

SIERRA PACIFIC POWER COMPANY

88-0044418

(A Nevada Corporation)

6100 Neil Road

Reno, Nevada 89511

775-834-4011

N/A

(Former name or former address, if changed from last report)

(Former name or former address, if changed since last report)

______________________________________________________________________________________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrants under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Registrant			Securities registered pursuant to Section 12(b) of the Act:
NEVADA POWER COMPANY			None
SIERRA PACIFIC POWER COMPANY			None

Indicate by check mark whether the ~~registrants~~registrant ~~are~~is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company o

If an emerging growth company, indicate by check mark if the ~~registrants~~registrant ~~have~~has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Item 2.03 . Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

On ~~May 31~~September 15, ~~2022~~2023, Sierra Pacific Power Company (the "“Company"”), completed the sale of $~~250~~400 million in aggregate principal amount of its 45.71900% General and Refunding Mortgage ~~Bonds~~Notes, SPPC Series W2023A, due ~~2052~~2054 (the "~~Bonds~~Notes") pursuant to a ~~Bond~~ Purchase Agreement dated ~~May 31~~September 13, ~~2022.~~2023, ~~The~~between the Company ~~will pay interest semi-annually in arrears on June 15~~ and ~~December~~representatives 15 of ~~each~~the ~~year, beginning on December 15, 2022~~purchasers. The sale was exempt from the registration requirements under the Securities Act of 1933, as amended. ~~The Company intends to use the net proceeds for general corporate purposes, including refinancing existing indebtedness and funding capital expenditures.~~

~~Prior~~The toCompany ~~December~~will ~~15,~~pay ~~2051~~interest (on the ~~"Par~~Notes ~~Call~~semi-annually ~~Date")~~in arrears on March 15 and September 15 of each year, ~~the~~beginning ~~Company~~on ~~may~~March 15, at2024. ~~its~~The ~~option~~Notes were issued under and secured by the General and Refunding Mortgage Indenture, ~~upon~~dated ~~notice~~as (of May 1, 2001, as ~~defined~~amended inand supplemented (the ~~Officer's~~“G&R ~~Certificate~~Indenture”), ~~prepay~~between ~~any~~the ~~part~~Company and The Bank of ~~the~~New ~~Bonds~~York inMellon anTrust ~~amount~~Company, ~~not~~N.A., ~~less~~as ~~than~~Trustee. ~~10%~~The ofNotes ~~the~~will ~~aggregate~~mature ~~principal~~on ~~amount~~March of15, ~~the~~2054. ~~Bonds~~The ~~then~~Company ~~outstanding~~intends into use the ~~case~~net ofproceeds ~~partial~~to ~~prepayment,~~fund atcapital ~~100%~~expenditures and for general corporate purposes. We will initially use a portion of the ~~principal~~net ~~amount~~proceeds soto ~~prepaid,~~repay ~~and~~short-term borrowings incurred under the ~~Make-Whole~~Company's ~~Amount~~revolving ~~(as~~credit ~~defined~~facility in connection with the ~~Officer's~~redemption ~~Certificate)~~in ~~determined~~August ~~for~~2023 of the ~~prepayment~~Company’s ~~date~~3.375% ~~with~~General ~~respect~~and toRefunding ~~such~~Mortgage ~~principal~~Notes, ~~amount~~Series T, due 2023.

OnAt orany ~~after~~time prior to September 15, 2053 (the “Par Call Date”), the Company may redeem the ~~Bonds~~Notes at its option, in whole or in part, at any time orand ~~in part~~ from time to time, at a redemption price equal to the greater of (1) (a) the sum of the present values of the remaining scheduled payments of principal and interest thereon discounted to the redemption date (assuming the Notes matured on the Par Call Date) on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate plus 25 basis points less (b) interest accrued to the date of redemption, and (2) 100% of the principal amount of the ~~Bonds~~Notes ~~being~~to be redeemed, plus, in either case, accrued and unpaid interest thereon to, ~~but excluding,~~ the ~~date of~~ redemption date.

~~The~~On ~~Bonds~~or ~~were~~after ~~issued~~the ~~pursuant~~Par toCall ~~a Third Supplemental Indenture~~Date, ~~by and between~~ the Company ~~and~~may redeem the ~~Bank of New York Mellon Trust Company~~Notes, ~~N.A.,~~in aswhole ~~Trustee~~or ~~(the~~in ~~"Trustee")~~part, ~~dated~~at ~~May 31,~~any ~~2022~~time ~~(the "Third Supplemental Indenture"). The Third Supplemental Indenture further amends~~ and ~~supplements~~from ~~that~~time ~~certain~~to ~~Indenture (the "Original Indenture")~~time, ~~dated~~at ~~May~~a 1,redemption ~~2001,~~price asequal ~~amended by the Second Supplemental Indenture dated October 30, 2006 (as so amended and supplemented, the "Indenture"), between the Company and the Trustee. The Bonds are subject~~ to ~~the~~100% ~~terms and conditions~~ of the ~~Indenture~~principal asamount ~~amended~~of ~~and supplemented by~~ the ~~Third~~Notes ~~Supplemental~~being ~~Indenture~~redeemed, ~~including,~~plus ~~without~~accrued ~~limitation,~~and ~~the~~unpaid ~~provisions~~interest ~~relating~~thereon to ~~"Events of Default" and~~ the ~~acceleration~~redemption ~~of the Bonds upon the occurrence of an Event of Default~~date.

InThe ~~general~~Notes are subject to the terms and conditions of the G&R Indenture, including without limitation the provisions relating to “Events of Default” and the acceleration of the Notes upon the occurrence of an Event of Default. ~~includes~~Events of Default are generally any of the following events: (i) afailure ~~default~~to bypay ~~the~~interest ~~Company~~on asany tosecurity ~~the~~outstanding ~~payment~~under ofthe ~~any~~G&R ~~amounts~~Indenture within ~~(i.e.~~60 days, ~~any~~or principal, ~~interest~~of or premium) ~~payable~~on ~~under~~any ~~the~~such ~~Bonds~~security ~~when~~within three business days, after such payment is due; (ii) ~~any~~failure ~~default~~to ~~in the performance~~perform, or breach, of, any covenant, agreement or warranty of the Company contained in the ~~Original~~G&R Indenture which continues for 90 days after written notice thereof is given to the Company by the Trustee or to the Company and the Trustee by the holders of at least thirty-three percentum (33%) in principal amount of the securities ~~(including the Bonds)~~ outstanding under the ~~Original~~G&R Indenture~~, as amended, modified and supplemented from time to time~~; ~~(iii) the bankruptcy~~ or ~~insolvency of the Company;~~ (iviii) ~~any~~certain ~~representation~~events orrelating warranty made in writing by or on behalf of the Company or by an officer of the Company in the Bond Purchase Agreement or any writing furnished in connection with the transactions contemplated hereby prove to ~~have been false or incorrect in any material respect on~~ the ~~date as of which made~~reorganization, ~~and~~bankruptcy ~~such default is not remedied within 30 days; and (v) one~~ or ~~more~~insolvency ~~final~~of ~~judgements or orders for~~ the ~~payment~~Company ~~of money aggregating in excess of $125 million (~~or ~~its~~appointment ~~equivalent in the relevant currency~~ of ~~payment), including any such final order enforcing~~ a ~~binding~~receiver ~~arbitration decision, are rendered against one~~ or ~~more~~trustee offor the Company’s and certain of its subsidiaries and which judgements are not, within, 60 days after thereof, bonded, discharged or stayed pending appeal, or are not discharged within 60 days after the expiration of such stayproperty.

In connection with the ~~event~~sale of the ~~Company~~Notes, ~~merges~~the ~~with~~Company ~~and~~entered into ~~Nevada~~a ~~Power~~registration ~~Company~~rights ~~("Nevada Power"~~agreement, ~~and~~dated ~~such~~as ~~merger~~of September 15, 2023 (the ~~"Merger"~~“Registration Rights Agreement”), ~~upon~~ with the ~~effectiveness~~representatives of the ~~Merger~~initial (purchasers of the ~~"Merger~~Notes, ~~Effective~~pursuant ~~Date")~~to ~~each~~which ~~Bond~~the ~~shall~~Company beagreed ~~exchanged~~to ~~for~~register anwith ~~equal~~the ~~principal~~Securities ~~amount~~and ofExchange ~~4.71%~~Commission, ~~General~~no ~~and~~later ~~Refunding~~than ~~Mortgage~~September ~~Bonds~~13, ~~Series __~~2024, ~~due~~an ~~2052~~offer ofto ~~Nevada~~exchange ~~Power~~the ~~("Exchange~~Notes ~~Bonds")~~for ~~issued~~exchange ~~pursuant~~notes tothat ~~the~~will ~~General~~be ~~and~~issued ~~Refunding~~under ~~Mortgage~~the G&R Indenture ~~dated~~in asthe ofsame ~~May~~aggregate 1,principal ~~2001,~~amount as ~~amended~~ and ~~supplemented,~~with ~~between~~terms ~~Nevada~~that ~~Power~~will ~~and~~be substantially identical to the ~~Trustee~~Notes. If ~~Upon~~the ~~issuance~~Company offails anto ~~Exchange~~satisfy ~~Bond~~its registration obligations as required by the Registration Rights Agreement, the ~~Bond~~Company may be required to pay additional interest at a rate of 0.25% per annum for ~~which~~a it90-day isperiod, ~~exchangeable~~and ~~shall~~0.50% bethereafter, ~~deemed~~until the failure is cured, up to bea ~~canceled~~maximum ~~and~~period noof ~~longer~~two ~~outstanding~~years.

The foregoing discussion of the ~~Bonds,~~Notes and the ~~Original~~Registration ~~Indenture,~~Rights ~~the~~Agreement ~~Third~~is ~~Supplemental~~a ~~Indenture~~summary and ~~the Officer's Certificate~~ is qualified in its entirety by reference to: ~~(i)~~ the ~~Bond~~Officer’s ~~Purchase~~Certificate ~~Agreement,~~establishing athe ~~copy~~terms of ~~which~~the isNotes ~~filed~~under ~~as Exhibit 4.1 to this Current Report on Form 8-K and is incorporated by reference herein, (ii)~~ the ~~Original~~G&R Indenture and ~~any supplemental indentures previously filed with~~ the ~~U.S.~~Registration ~~Securities~~Rights ~~and Exchange Commission~~Agreement, ~~(iii)~~copies ~~the Third Supplemental Indenture, a copy~~ of which isare filed as Exhibit 4.21 ~~to this Current Report on Form 8-K~~ and ~~incorporated by reference herein~~4.2, ~~and (iv) the Officer's Certificate establishing the terms of the Bonds under the Original Indenture~~respectively, ~~as amended, a copy of which is filed as Exhibit 4.3~~ to this ~~Current Report on~~ Form 8-K ~~and incorporated by reference herein~~.

Item 8.01. Other Events

On June 3, 2022, the Company filed a Current Report on Form 8-K (the “June 2022 Form 8-K”) reporting the sale of $250 million in aggregate principal amount of its 4.71% General and Refunding Mortgage Bonds, Series W, due 2052 (the “Series W Bonds”).

The June 2022 Form 8-K incorrectly summarizes the Events of Default under the G&R Indenture. The Events of Default under the G&R Indenture, which were not modified by the Third Supplemental Indenture, dated as of May 31, 2022, and apply to all series of securities issued under the G&R Indenture, including the Series W Bonds and the Notes, are generally any of the following events: (i) failure to pay interest on any security outstanding under the G&R Indenture within 60 days, or principal of or premium on any such security within three business days, after such payment is due; (ii) failure to perform, or breach of, any covenant, agreement or warranty of the Company contained in the G&R Indenture which continues for 90 days after written notice thereof is given to the Company by the Trustee or to the Company and the Trustee by the holders of at least thirty-three percentum (33%) in principal amount of the securities outstanding under the G&R Indenture; or (iii) certain events relating to the reorganization, bankruptcy or insolvency of the Company or appointment of a receiver or trustee for the Company’s property.

~~Item~~The 9foregoing discussion of the Events of Default is qualified in its entirety by reference to (i) the G&R Indenture previously filed with the U.01S. ~~Financial~~Securities ~~Statements~~and Exchange Commission and ~~Exhibits~~(ii) the Third Supplemental Indenture, a copy of which is filed as Exhibit 4.3 to this Form 8-K.

~~(d)~~The ~~Exhibits~~information in this Item 8.01 amends and replaces the incorrect information in the June 2022 Form 8-K.

Exhibit No.						Description
4.1						Bond Purchase Agreement, dated as of May 31, 2022, by and among Sierra Pacific Power Company and the Purchasers, relating to the $250,000,000 in principal amount of the 4.71% General and Refunding Mortgage Bonds due 2052.
4.2						Third Supplemental Indenture, dated as of May 31, 2022, by and between Sierra Pacific Power Company and the Bank of New York Mellon Trust Company, N.A., as Trustee.
4.3						Officer's Certificate establishing the terms of Sierra Pacific Power Company's 4.71% General and Refunding Mortgage Bonds, Series W, due 2052.
104						Cover Page Interactive Data File (embedded within the Inline XBRL document).

~~SIGNATURES~~Item 9.01. Financial Statements and Exhibits.

~~Pursuant~~(d) ~~to the requirements of the Securities Exchange Act of 1934, each registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.~~Exhibits

	NEVADA POWER COMPANY
Exhibit No.		Description
Date: June 3, 2022
4.1		Officer’s Certificate establishing the terms of Sierra Pacific Power Company’s 5.900% General and Refunding Mortgage Bonds, SPPC Series 2023A, due 2054.
	/s/ Michael E. Cole
4.2		Registration Rights Agreement dated September 15, 2023 by and among Sierra Pacific Power Company and BofA Securities, Inc., J.P. Morgan Securities LLC, Mizuho Securities USA LLC, RBC Capital Markets, LLC, and Truist Securities, Inc. as representatives of the several Purchasers listed therein.
	Michael E. Cole
4.3		Third Supplemental Indenture, dated as of May 31, 2022, by and between Sierra Pacific Power Company and the Bank of New York Mellon Trust Company, N.A., as Trustee.
	Senior Vice President, Chief Financial Officer and Treasurer
104		Cover Page Interactive Data File (embedded within the Inline XBRL document).
	SIERRA PACIFIC POWER COMPANY
Date: June 3, 2022
	/s/ Michael E. Cole
	Michael E. Cole
	Senior Vice President, Chief Financial Officer and Treasurer

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


			SIERRA PACIFIC POWER COMPANY
Date: September 18, 2023
			/s/ Michael J. Behrens
			Michael J. Behrens
			Vice President and Chief Financial Officer

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