PG&E pleads guilty to 85 felonies

Pacific Gas & Electric pleaded guilty Tuesday to 85 felonies tied to the company's role in starting the deadly Camp Fire in 2018. PG&E (NYSE: PCG) entered its plea in Butte County Superior Court as part of an agreement the utility reached in March with the Butte County District Attorney. PG&E formally pleaded guilty to 84 counts of involuntary manslaughter and one count of unlawfully starting a fire. PG&E Corp. CEO and President Bill Johnson said he was deeply sorry for the devastation the company…