California utility Pacific Gas & Electric (PG&E) plans to set aside nearly $18 billion to settle wildfire claims from residents and government entities as it seeks to exit bankruptcy by June 2020, according to a plan filed late Monday.
PG&E bankruptcy proposal includes $18 billion for wildfire claims
California utility Pacific Gas & Electric (PG&E) plans to set aside nearly $18 billion to settle wildfire claims from residents and government entities as it seeks to exit bankruptcy by June 2020, according to a plan filed late Monday.
A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.
We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.
We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.