May 3, 2019 / 8:35 PM / 21 days ago

PG&E projects up to $430 mln in Chapter 11 costs this year

Power provider PG&E Corp said on Thursday in its quarterly earnings report it expects between $360 million and $430 million in costs this year related to its Chapter 11 bankruptcy.

Legal costs are expected to account for the bulk of the spending, falling in a range of $280 million to $340 million, San Francisco-based PG&E added.

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