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California utility PG&E agrees to pay $125 million for destructive Kinkade wildfire

California utility PG&E agrees to pay $125 million for destructive Kinkade wildfire

Pacific Gas & Electric has agreed to a $125 million settlement with California regulators for its role in igniting the Kincade wildfire in 2019, which scorched nearly 122 square miles, destroyed hundreds of buildings and injured four people.