PG&E Announces $13.5 Billion Settlement Of Claims Linked To California Wildfires
The utility hopes the settlement will help it emerge from bankruptcy proceedings by the end of the year. When it declared bankruptcy in January, the company faced potential liabilities of $30 billion.
by Richard Gonzales
Dec 07, 2019
1 minute
Utility giant Pacific Gas and Electric announced a $13.5 billion settlement agreement to resolve all claims associated with several Northern California wildfires.
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