Texas Lawmakers Fault Xcel Power Pole in State’s Largest Fire May 2, 2024 By Mark Chediak The worst wildfire in Texas history was sparked by a power pole and lines owned by Xcel Energy Inc. that...
‘Buffett Got it Wrong’ on California Fire Risk: PG&E CEO April 29, 2024 By Mark Chediak Warren Buffett’s warning that wildfires have turned utilities across the western US into risky investments is mistaken — at least...
Wildfires Are Upending Some of the Safest Bets on Wall Street April 18, 2024 By Mark Chediak and Olivia Raimonde When the Texas Panhandle went up in flames this winter, the news spread fast on Wall Street. An electric utility...
Maui Fire Officials Defend Response to Deadly Lahaina Blaze April 17, 2024 By Michelle Ma and Mark Chediak Maui Fire Department officials defended their initial response to what became the deadliest fire in Hawaii history, saying they stayed...
Hurricane-Force Winds Leave 150,000 Without Power in Colorado April 8, 2024 By Mark Chediak and Brian Eckhouse More than 150,000 Xcel Energy Inc. customers in Colorado are without electricity amid hurricane-force winds — and some may not...
Xcel Texas Wildfire Legal Reckoning to Take Years to Play Out March 12, 2024 By Mark Chediak and Rachel Graf (Xcel Energy Inc. will likely be wrangling for years with the legal fallout from the wildfires burning through the Texas...
Huge Texas Blaze Shows Power-Line Fires Are a Widespread Threat March 11, 2024 By Mark Chediak, Will Wade and David R. Baker Massive wildfires sparked by power lines used to be a California problem, one many utility executives considered safely confined to...
Huge Texas Blaze Shows Power-Line Fires Are a Widespread Threat March 8, 2024 By Mark Chediak, Will Wade and David R. Baker Massive wildfires sparked by power lines used to be a California problem, one many utility executives considered safely confined to...
Texas Fires Trigger Drop for Xcel With Law Firm Alleging Link March 1, 2024 By Mark Chediak and Josh Saul The worst-ever Texas wildfire sent shares of Xcel Energy Inc. plunging after a law firm said it might be linked...
PG&E to Pay $45M for Second-Largest California Wildfire October 12, 2023 By Mark Chediak PG&E Corp. will pay a $45 million penalty for its role in starting the second-largest wildfire in California history under...