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September 25, 2025

Xcel to pay $640M over Colo. wildfire

DENVER (AP) — Minneapolis-based Xcel Energy said Wednesday it expects to pay about $640 million to settle lawsuits alleging it was responsible for starting Colorado's most destructive wildfire that killed two people and destroyed nearly 1,000 homes in 2021.

The announcement came right before jury selection was set to begin in a trial combining lawsuits brought by homeowners and insurers over the fire in the heavily populated suburbs between Denver and Boulder.


 
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