Xcel Energy Reaches $640 Million Marshall Fire Settlement, Averting Trial
Xcel Energy Reaches $640 Million Marshall Fire Settlement, Averting Trial Xcel Energy and two telecom companies have agreed to a $640 million settlement with thousands of plaintiffs in the Marshall Fire lawsuit, just one day before the high-stakes trial was set to begin in Boulder. The “agreement in principle,” announced by the utility on Wednesday, September 24, 2025, aims to resolve all liability from the catastrophic 2021 wildfire. The settlement, which still requires approval from individual plaintiffs, includes payments to…