October 11, 2019
A California dentist canceled dozens of appointments and supermarkets tried to save rotting food on Thursday as electricity was cut to over 600,000 homes and workplaces in a second day of planned power outages to cut wildfire risks. Pacific Gas …
October 10, 2019
California utility giant PG&E Corp. expanded the biggest blackout that has ever been orchestrated to prevent wildfires with a second round of shutoffs in the Sierra Nevada foothills. The company told reporters late Wednesday that it had begun the second …
October 8, 2019
Pacific Gas & Electric officials on Tuesday announced plans to cut off power to some 600,000 Northern California customers as a wildfire safety precaution. The outages are expected to begin early Wednesday depending on local timing of the severe wind …
September 25, 2019
Pacific Gas & Electric cut power to 48,200 customers in seven counties in California’s Sierra Foothills and North Bay overnight because of high fire danger. The majority of those affected by the power outage, which took place around 2 a.m. …
September 23, 2019
PG&E Corp. and a group of insurers urged a judge to reject a competing reorganization plan for the bankrupt utility because the proposal would pay fire victims who lost their homes ahead of insurance companies and “unjustly enrich” bondholders including …
September 18, 2019
PG&E Corp. sought to assure a judge it’s making progress on fire prevention, saying it’s exceeding regulatory requirements to clear vegetation from power lines. Kevin Orsini, a lawyer for the utility, on Tuesday acknowledged criticism from a court-appointed compliance monitor, …
September 13, 2019
Bankrupt California utility giant PG&E Corp. resolved a key battle by agreeing to pay $11 billion to settle insurance claims from wildfires blamed on its equipment. An even bigger struggle looms. The settlement with insurance carriers and investors puts to …
September 10, 2019
California utility giant PG&E Corp. has issued its long-awaited plan for emerging from the largest utility bankruptcy in U.S. history: Raise debt, offer equity and cap the wildfire liabilities that led to its collapse at $18 billion – less than …
August 23, 2019
A troubled California utility company is asking the state Legislature to let it borrow money without paying taxes so it can compensate victims of a devastating wildfire caused by its equipment. Pacific Gas & Electric is facing up to $30 …
August 20, 2019
Victims of the second-most destructive fire in California history will get a chance to try and persuade a jury that PG&E Corp. should pay them as much as $18 billion in damages. U.S. Bankruptcy Judge Dennis Montali on Friday lifted …