California utility PG&E has pleaded guilty to 84 counts of involuntary manslaughter and one count of unlawfully starting the 2018 Camp Fire, the deadliest blaze in the state's history
The company is sentenced to a maximum fine of"no more than $3,486,950," and it must reimburse the Butte County District Attorney's Office $500,000 for the costs of its investigation into the blaze. Among other provisions, PG&E must establish a trust, compensating victims of the 2018 Camp Fire and other wildfires to the tune of $13.5 billion, according to the plea agreement included in a regulatory filing.
January 2019: PG&E will file for bankruptcy, replace CEO 00:46On Friday, the utility and the state agreed to bankruptcy terms, which included an overhaul of PG&E's board selection process, financial structure and oversight.According to investigators with the California Department of Forestry and Fire Protection, PG&E was responsible for the devastating Camp Fire, which killed 85 people and destroyed thousands of structures.
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PG&E Pleads Guilty To Involuntary Manslaughter For 84 Deaths In Northern California Camp FirePG&E will also pay a maximum $3.5 million fine and an extra $500,000 to cover the cost of the investigation.
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