PG&E Corp. News

Judge Orders PG&E Compliance With Fire-Safety Laws

A federal judge is requiring PG&E Corp. to abide by rules governing how the utility operates its power lines in California, seeking to reform what he described as “dismal” management that led to a series of destructive fires over the …

Another California Utility One Wildfire Away From Ruin

The warning couldn’t have been clearer. As PG&E Corp. plunged into bankruptcy last month, S&P Global Ratings slashed credit grades almost to junk status for California’s two other big electric utilities, owned by Sempra Energy and Edison International, and said …

PG&E: Judge’s Aggressive Fire Prevention Plan Would Cost $150B

PG&E Corp. estimates it would cost as much as $150 billion this year alone to comply with a federal judge’s proposal to prevent wildfires. California’s largest investor-owned utility said U.S. District Judge William Alsup’s plan for it to trim branches …

PG&E Says It Won’t Commit to Paying Settlements With 2015 California Fire Victims

PG&E Corp. is so cash-starved that it won’t commit to paying settlements reached with people who lost their homes in a 2015 wildfire caused by a tree falling on a power line. The disclosure by a lawyer for the utility …

PG&E Bankruptcy Looms With $30B in Potential Liabilities from California Wildfires; CEO to Exit

PG&E Corp. said it will file for bankruptcy in California after the cost of wildfires left it with potential liabilities of $30 billion or more, gutting its share price and prompting the departure of its chief executive officer. The San …

Lawyers Scramble to Get Piece of the Action in California Wildfire Lawsuits

In a conference room 13 miles from Paradise, California, Doug Boxer explains to survivors of the state’s worst wildfire why they should choose his law firm to sue PG&E Corp. He walks a fine line between listening to victims coping …

California Regulators to Look at New Blackout Rules to Prevent Deadly Wildfires

California regulators have decided they need to step in and help determine when power blackouts are appropriate to prevent wildfires after a series of deadly blazes linked to electrical equipment. Utilities PG&E Corp., Edison International and Sempra Energy have been …

PG&E Gives Details on Tower Damage at Heart of California Fire Probe

PG&E Corp. revealed that on the day California’s deadliest and most destructive wildfire started, its workers saw damage and a fire near one of its transmission towers, which are the focus of investigations and a lawsuit as a possible ignition …

PG&E Sued for Ad Spending Instead of on Preventing Events Like the California Wildfire

PG&E Corp. was accused of putting its “reputation above public safety” in a lawsuit alleging that the power company spends too much on advertising and not enough on preventing devastating Northern California wildfires like the one that destroyed the town …

California Attorney General Brought into PG&E Wildfire Probe

California Attorney General Xavier Becerra was asked by a federal judge to weigh in on whether reckless operation of power lines by PG&E Corp. in connection with deadly Northern California wildfires would constitute a crime. The request by U.S. District …