Xcel Energy reaches settlement related to 2021 wildfire in Colorado

(Reuters) -Xcel Energy said on Wednesday it has reached settlement agreements that resolve all claims related to the 2021 Marshall Fire in Colorado.

The U.S. utility’s unit Public Service Company of Colorado expects to pay roughly $640 million related to these settlements.

(Reporting by Vallari Srivastava in Bengaluru; Editing by Shinjini Ganguli)