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December 25, 2024
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Wildfire Litigation Poses Threat to Xcel Energy
The Smokehouse Creek fire, the largest in Texas history, burned more than 1 million acres.
The Smokehouse Creek fire, the largest in Texas history, burned more than 1 million acres. | Texas A&M Forest Service
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Xcel Energy says it expects to incur a financial loss from Texas wildfires that could have a “material adverse effect” on the company’s bottom line.
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