PG&E Fire Victims, Bondholders Offer Bankruptcy Exit PlanPacific Gas and Electric Co. bondholders and wildfire victims have joined forces and proposed their own reorganization plan.
PG&E Reaches $11 Billion Settlement With Wildfire Victims Pacific Gas & Electric and a group of insurers have reached an $11 billion settlement of claims from wildfire victims including those from last year's deadly Camp Fire that destroyed Paradise, the utility announced early Friday.
PG&E Plan Offers Billions To Victims, Others After WildfiresPG&E Corp. released a plan Monday to offer nearly $18 billion to victims, insurance companies and cities and local governments in Northern California that battled wildfires sparked by electrical equipment.
San Francisco Offers $2.5 Billion to Buy PG&E Electricity InfrastructureIn an effort to create a city-run electric utility in San Francisco, mayor London Breed and city attorney Dennis Herrera issued a statement Sunday outlining an offer to pay $2.5 billion to acquire Pacific Gas and Electric Co. power infrastructure serving the city.
PG&E Monitor: Inspectors Missing Potentially Hazardous Trees Near Power LinesA court-appointed monitor told a federal judge in San Francisco Wednesday that PG&E Co.'s tree inspectors are missing some trees that may be at risk of causing fires by falling on electric lines.
Victims Of 2017-18 Northern California Wildfires Can File Claims With PG&EPeople affected by wildfires in Northern California in 2017 and 2018 can file claims for housing assistance and other immediate needs with Pacific Gas & Electric Co.
PG&E Disputes Report Linking Delayed Repairs To Camp FirePG&E Co. told a federal judge in San Francisco on Wednesday that it denies a Wall Street Journal article's implication that it knowingly delayed repairing the transmission line maintenance problem that caused last year's deadly Camp Fire.
Insurers Offer Competing Plan To Rescue PG&E From BankruptcyInsurance companies contending that Pacific Gas & Electric owes them more than $20 billion from wildfire claims want to take over the California utility and pull it out of bankruptcy.
California Lawmakers OK Multi-Billion Dollar Wildfire BillCalifornia lawmakers have approved a sprawling bill meant to shore up the state's major electric utilities in the face of another wildfire season.
California Lawmakers Take Up Key Wildfire ProposalsCalifornia lawmakers are rushing to pass bills aimed at stabilizing the state's electric utilities and putting a renewed focus on a safety in the face of devastating wildfires caused by utility equipment.
PG&E Agrees To Pay $1 Billion To Governments For Wildfire DamagePG&E has agreed to pay $1 billion to local governments for their losses from wildfires dating back to 2015. Those payments will be included in the utility's Chapter 11 bankruptcy plan once it's finalized.
Judge Approves $105M PG&E Fund For California Wildfire SurvivorsPacific Gas & Electric Corp. received approval Wednesday to establish a $105 million fund to help survivors of recent California wildfires started by the utility's equipment.
Cal Fire: PG&E Electrical Lines Triggered Deadly Camp FireThe deadly Camp Fire that roared through Paradise and other Butte County communities, killing 85, destroying 18,804 structures and charring 153,336 acres was caused by electrical transmission lines owned and operated by Pacific Gas & Electric Company, state officials announced Wednesday.
Judge Takes Oversight Of PG&E's Wildfire Prevention PlansA federal judge said Tuesday he will closely monitor Pacific Gas & Electric's tree-trimming this year and barred the utility from paying out dividends to shareholders as part of a new, court-ordered wildfire prevention plan.
Newsom Criticizes PG&E's Plan For New BoardGov. Gavin Newsom said Thursday that Pacific Gas & Electric Corp. plans to remake its board of directors with hedge fund financiers and people who have little experience in utility operations and safety,