February 16, 2015
Another win for Xcel in utility-takeover battle with Boulder
Boulder’s attempt to condemn elements of Xcel Energy Inc.’s electrical system that serves the city and surrounding areas in order to set up a city-owned electric utility has been turned back in court.
Boulder County Judge Judith LaBuda on Friday granted a motion by Xcel (NYSE: XEL) to dismiss the city’s condemnation case. The case was dismissed “without prejudice,” meaning the city can refile it later.
Boulder city officials were expecting the decision, the Boulder Daily Camera reports.
The judge…