The Dixie fire started on July 13, 2021, after a tree fell on the state's main utility's electrical distribution wires, and burned more than 963,000 acres in multiple counties.

The agreement consists of a $2.5 million fine to the California General Fund, $2.5 million payment to tribes impacted by the fire for remediation, and $40 million for capital expenditures to transition records to electronic format.

The settlement agreement was reached after SED concluded its investigation and issued an Administrative Consent Order.

PG&E did not immediately respond to a request for comment on the settlement.

(Reporting by Rahul Paswan in Bengaluru; Editing by Bill Berkrot)