PG&E Under Investigation by SEC Over Wildfire Losses
- May 6, 2019 9:53 pm GMT
Bankrupt utility Pacific Gas & Electric faces up to $1.4 billion in costs in 2019, and more than $14 billion in expected liabilities, associated with the deadly Northern California wildfires of 2017 and 2018 and its subsequent descent into bankruptcy protection. It also faces a federal Securit...
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