Calpine Agrees To Shell Out $8M Over Geysers Fire

Law360, New York (August 26, 2011, 4:06 PM EDT) -- Power company Calpine Corp. has agreed to pay $7.9 million to settle claims from Sonoma County, Calif., and private landowners for damages stemming from a 2004 fire that swept across more than 12,000 acres of land near The Geysers geothermal development area.

Calpine will pay about $3.8 million to the county's Agricultural Preservation and Open Space District, according to the settlement. A county official on Friday confirmed reports in the the Santa Rosa Press Democrat that Calpine would also pay $4.1 million to private landowners, including...
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