$640
Wildfire Litigation
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Case Details
Xcel Energy agreed to settle for $640 million following the devastating 2021 Marshall Fire in Boulder County, which was started at least in part by hot particles discharged from an Xcel Energy Power Line. The settlement was reached on the day before trial.
Additional Notes
More than 4,000 people and multiple companies were involved. Xcel plans to pay $350 million from insurance, codefendants contribute undisclosed amount. Civil case focused on leading cause of fire. Xcel and telecom companies maintained non-liability.