California regulators suspended a $200 million fine that PG&E was supposed to pay as punishment for the utility's neglect of electrical equipment that ignited a series of deadly wildfires in Northern California.
Pacific Gas & Electric says its plan for getting out of bankruptcy has won overwhelming support from the victims of deadly Northern California wildfires ignited by the utility’s fraying electrical grid.
California power regulators unanimously approved PG&E's $58 billion plan for getting out of a bankruptcy caused by in a series of deadly wildfires despite ongoing worries about the utility’s ability to safely operate its crumbling electrical grid.