Xcel Energy Reaches Settlement Agreements to Resolve All Litigation Related to 2021 Marshall Fire
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Xcel Energy Inc. has reached settlement agreements with Qwest Corporation and Teleport Communications America to resolve all litigation related to the 2021 Marshall Fire in Colorado. The settlements, totaling approximately $640 million, will cover claims from insurers, public entities, and individual plaintiffs, with about $350 million insured. Xcel Energy denies any fault or wrongdoing. The settlements are pending final documentation and require individual plaintiffs to opt in.
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