22-05-2019 20:23 via news.yahoo.com

U.S. judge approves PG&E $105 million wildfire assistance fund

PG&E Corp may set up a $105 million housing fund for victims of 2017 and 2018 wildfires in California, which set records for devastation and were blamed on the utility's equipment, the judge overseeing the investor-owned power producer's bankruptcy ruled on Wednesday.Creditors, which include wildfire victims, are fighting for funds as PG&E navigates bankruptcy stemming from the blazes and as the state plans for increasingly long and dangerous fire seasons its officials attribute to clima
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