California Utilities Expand Power Shutdowns as Winds Rise June 20, 2025 By Brian K. Sullivan California utilities cut power to more than 62,000 customers across the state in an attempt to stop wildfires from starting...
PG&E Misses 1Q Profit Estimates on Higher Expenses, LA Wildfire Worries Linger April 24, 2025 By Pooja Menon PG&E Corp. missed first-quarter profit estimates on Thursday, as the power company was hurt by higher operating and interest expenses....
PG&E Needs California’s Help to Calm Investors Post-Fire, CEO Says February 14, 2025 By Mark Chediak PG&E Corp. wants California to promptly shore up the state’s $21 billion insurance fund for utilities that is at risk...
PG&E Cut Power to 2,000 as Extreme Heat Bakes California July 2, 2024 PG&E Corp. cut power to about 2,000 homes and businesses in Northern California as triple-digit temperatures, strong winds and low...
PG&E to Pay $45M for Second-Largest California Wildfire October 12, 2023 By Mark Chediak PG&E Corp. will pay a $45 million penalty for its role in starting the second-largest wildfire in California history under...
Fire Victim Trust Sues California Utility Executives for Causing Wildfires February 24, 2021 The Fire Victim Trust has filed a lawsuit in San Francisco Superior Court against certain former officers and directors of...
Bankruptcy Court Approves PG&E’s Chapter 11 Reorganization Plan June 22, 2020 By Kanishka Singh PG&E Corp. said its Chapter 11 reorganization plan has been confirmed by the United States Bankruptcy Court for the Northern...
PG&E Purging Most of Board in Fallout From Bankruptcy, California Wildfires May 4, 2020 By Michael Liedtke PG&E Corp. will sweep out three quarters of its board of directors to start with a mostly clean slate when...
PG&E Approved by Judge for $23B Bankruptcy Financing Package March 16, 2020 Power producer PG&E Corp. said on Monday that it won bankruptcy court approval to use up to $23 billion in...
California and PG&E Reach $1.7B Deal on Wildfire Penalties December 17, 2019 By David R. Baker California utility regulators have reached a settlement with PG&E Corp. over violations tied to catastrophic wildfires ignited by the company’s...