California power company to pay $80 million in damages for 2017 wildfire. Southern California Edison company reaches a judicial agreement without acknowledging its fault in starting the flames.

The company agreed on Friday afternoon to make the million-dollar disbursement without admitting fault or fraud in the accident that caused the Thomas fire. The Thomas fire consumed 110,000 hectares and destroyed more than a thousand homes in two counties of the entity at the end of 2017. A company spokeswoman described the agreement as a “reasonable solution” on Monday.