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Xcel Energy settles lawsuit over 2021 Marshall fire for $640M

Xcel Energy settles lawsuit over 2021 Marshall fire for $640M
business9/24/2025

Xcel Energy and two telecommunications companies reached a settlement agreement with the more than 4,000 people and companies who sued them in the wake of the 2021 Marshall fire in Boulder County, according to a lawyer representing the plaintiffs.

Xcel Energy agreed to a $640 million settlement on the eve of trial with the more than 4,000 people and companies that sued the utility and two telecommunications companies in the wake of the devastating 2021 Marshall fire in Boulder County. The agre... [6188 chars]