Bankrupt California power producer PG&E Corp is close to finalizing terms for a ...
) is close to finalizing terms for a $13.5 billion payout to victims of wildfires triggered by its power lines, Bloomberg reported on Wednesday, citing people familiar with the matter.
PG&E on Wednesday said it would continue to work with individual claimants to “fairly and reasonably resolve their claims”. PG&E still has to determine how much it owes the U.S. government, the state of California and the Adventist health system, which have claimed billions of dollars.
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