Xcel settles with environmental group over power plant

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Xcel Energy will spend about $447,000 to settle a lawsuit over allegations of clean-air violations at the Cherokee power plan in Denver.

Xcel will spend the money on solar installations, energy-efficiency programs, and improvement of natural areas in the neighborhoods near the power plant, the Denver Business Journal reported.

The deal will lead to the dismissal of a 2009 lawsuit brought by WildEarth Guardians, an environmental advocacy group that claimed Minneapolis-based Xcel (NYSE: XEL) failed…

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