Bankrupt California power producer PG&E Corp. is close to finalizing terms for a $13.5 billion payout to victims of wildfires triggered by its power lines, Bloomberg reported on Wednesday, citing people familiar with the matter. The payment will be made …
The nation’s largest utility said Friday that its distribution lines haven’t sparked any major wildfires since it began shutting off power to Northern California customers during periods of high fire risk. However, Pacific Gas & Electric is not ruling out …
Anger over devastating California wildfires sparked by Pacific Gas & Electric power lines is coming to a head – in a beer. And an outcry is brewing. Steve Doty, owner of Shady Oak brewery in Santa Rosa, announced a new …
PG&E Corp. wildfire victims have filed a new lawsuit arguing they must be fully repaid for the losses of their homes and businesses before fire insurers are as part of the utility’s bankruptcy. The case takes aim at an $11 …
Pacific Gas & Electric is reporting substantial losses for the third quarter, driven by catastrophic wildfires that have been blamed on the utility’s outdated transmission lines. The company anticipates those costs could escalate to as much as $6.3 billion. PG&E …
Pacific Gas & Electric has agreed to extend by two months the deadline to file claims against the company for damages suffered from a series of wildfires in California. Lawyers for the victims asked to extend the original Oct. 21 …
Almost two weeks after 2.3 million people in California suffered through forced blackouts, the state’s utilities are warning they may have to cut power again with dry, gusting winds raising the threat of wildfires. At risk is supply to thousands …
A deadly wind-driven wildfire that raged across the northern edge of Los Angeles last week started near the base of high-voltage transmission tower owned by electric utility Southern California Edison, company and fire officials said on Monday. The company, a …
California Gov. Gavin Newsom said on Monday that utility Pacific Gas and Electric Co. should be held accountable for mismanaging last week’s widespread power shutoffs and urged the company to provide credits or rebates to affected customers. Separately, the California …
An unprecedented blackout that plunged millions of Californians into the darkness for days is over. And nobody can say when the next will hit. Even as PG&E Corp. declared an end to last week’s shutoffs – a deliberate move to …
