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Home / AP News / PG&E falls into deeper hole in 3Q with $1.6 billion loss

PG&E falls into deeper hole in 3Q with $1.6 billion loss

Pacific Gas & Electric reported another huge loss as the fallout from catastrophic wildfires blamed on its outdated transmission lines drive the bankrupt utility into a deeper hole. The company estimated it's facing a bill of more than $6 billion this year alone to pay for devastating fires in 2017 and 2018, more rigorous inspection of ...

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