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CPUC’s $2.1B wildfire fine could derail bankruptcy exit financing commitments: PG&E

The CPUC last year opened a proceeding to investigate a series of alleged violations that PG&E committed in relation to the 2017 and 2018 Northern California wildfires, ranging from failing to trim trees around its power lines to inadequately inspecting its system, disposing of evidence and incorrect record-keeping. In December, PG&E negotiated a settlement with the agency’s Safety and Enforcement Division, Office of the Safety Advocate and the Coalition of California Utility Employees.

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