California’s Pacific Gas and Electric Co. (PG&E) reported increased natural gas revenues and progress with wildfire prevention and gas infrastructure goals as its management touts a new direction for the company.

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The San Francisco-based combination utility set a series of wildfire mitigation and financial goals starting in 2022, which CEO Patti Poppe said were off to a good start in the first quarter. One goal, to bury transmission lines to avoid future wildfires, has become a central focus, she said.

“We actually have a new thing around here,” Poppe said during a first quarter earnings call. “How do you rebuild PG&E? From the underground up, and we are on our way.”

On the natural gas side, the utility reported it replaced 220 miles of gas distribution lines during...