(Reuters) – PG & E Corp., filed for bankruptcy last month due to potential debts from California fires, said its equipment is likely to be determined to be a "hot spot" for 2018 Camp Fire. 19659002] PG & E is facing billions of potential debts related to fires, if an investigation determines its equipment caused them.
The company took a $ 10.5 billion charge for the 2018 Camp Fire and an additional $ 1 billion in the 2017 Northern California wildfires
PG & E said it had taken a total of $ 14 billion in prime tax for 2018 Camp Four and 2017 Northern California wildfires so far.
The charges are part of the previously announced estimate of potential fire damage, which could exceed more than $ 30 billion, said PG & E.
Last November, Camp Fire in California's northern city killed Paradise and killed 86 people.
On Wednesday, federal filings showed that the power tool had delayed a security overview of a high-voltage transmission line, a prime suspect behind the deadliest fire in California's history.