Xcel Energy has agreed to pay approximately $640 million to settle a lawsuit involving over 4,000 plaintiffs who sued the company over complaints stemming from the Marshall Fire.

In December 2021, a wildfire sparked in Boulder County, destroying more than 1,100 homes and buildings and burning over 6,000 acres. The Boulder County Sheriff's Office said the massive wildfire began as two separate fires .

The first began on a property at 5325 Eldorado Springs Drive six days before the Marshall Fire and later reignited, investigators determined. They said the second fire began south of the Marshall Mesa Trailhead on Dec. 30 when hot particles were discharged from an Xcel Energy power line.

According to the Colorado Insurance Commissioner, the Marshall Fire caused over $2 billion in proper

See Full Page