{"id":126574,"date":"2022-04-11T21:50:12","date_gmt":"2022-04-11T21:50:12","guid":{"rendered":"https:\/\/fin2me.com\/?p=126574"},"modified":"2022-04-11T21:50:12","modified_gmt":"2022-04-11T21:50:12","slug":"pge-agrees-to-55m-deal-over-california-wildfires-escaping-criminal-prosecution","status":"publish","type":"post","link":"https:\/\/fin2me.com\/industries\/pge-agrees-to-55m-deal-over-california-wildfires-escaping-criminal-prosecution\/","title":{"rendered":"PG&E agrees to $55M deal over California wildfires, escaping criminal prosecution"},"content":{"rendered":"
Here are your FOX Business Flash top headlines for April 11.<\/p>\n
Pacific Gas and Electric Co., reached a $55 million deal with six California counties devastated by wildfire Monday, agreeing to five years of independent oversight. <\/p>\n
The civil settlement, first reported by the San Francisco Chronicle, also ended criminal investigations into the San Francisco-headquartered utility company in connection to the 2019 Kincade Fire and 2021’s Dixie Fire in the Sierra Nevada.<\/p>\n
PG&E RELEASED NEW PLAN FOR 2022 FIRE SAFETY <\/strong><\/p>\n Sonoma County prosecutors had accused PG&E of reckless conduct for keeping energy flowing through a high-powered transmission tower in a windy mountainous area prone to fire for more than a decade leading up to the Kincade Fire. The deal announced Monday also closed criminal investigations into PG&E’s operations in Butte, Lassen, Plumas, Shasta and Tehama counties after the company kept energy flowing for 10 hours after a tree fell onto powerlines near the Cresta Dam in the Feather River Canyon. <\/p>\n