PG&E Drops Plan To Pay Camp Fire Fine From $13.5B Fund For Wildfire VictimsPG&E announced in San Francisco Monday that it has given up a controversial plan to pay a $4 million criminal fine to Butte County out of a proposed $13.5 billion trust to compensate wildfire victims.
PG&E To Use Funds For Wildfire Victims To Pay For Camp Fire CrimesPG&E is warning its elaborate plan for getting out of bankruptcy might collapse if the utility can’t pay for its criminal liability in the deadly Camp Fire by taking money away from a fund set up to compensate victims for their losses.
PG&E's Falling Stock Price Worries Fire Victims Eyeing Bankruptcy DealThe prospect of owning stock in the company that ruined their lives has never been popular among the victims, but it has become even more unsettling during the market upheaval.
Court Approves PG&E's $23B Bankruptcy Financing PackagePacific Gas & Electric on Monday won court approval to raise $23 billion to help pay its bills over destructive California wildfires after Gov. Gavin Newsom dropped his opposition to a financing package.
PG&E Says It Has Settled One Battle Involving Wildfire FundPacific Gas & Electric told a federal bankruptcy judge Tuesday that it has settled a dispute with disaster-relief agencies.
PG&E Tells Court It Can't Commit To Expanding Tree-Trimming ForceLawyers for Pacific Gas & Electric said the utility can't commit to hiring hundreds more tree trimmers in the way that a federal judge wants.
PG&E Wildfires Fine Boosted To $2.1 Billion By State RegulatorsThe California Public Utilities Commission on Thursday proposed a $2.14 billion penalty against PG&E for its role in the catastrophic wildfires in the North Bay and Butte County in 2017 and 2018.
PG&E Banking On Big Profits After Utility Leaves BankruptcyPacific Gas and Electric says it expects to become more profitable than ever after it emerges from bankruptcy.
PG&E And Governor Newsom Still At Odds Over Bankruptcy PlanPacific Gas & Electric attorneys on Wednesday assured a federal judge the utility will emerge from bankruptcy by its June deadline, even as California Gov. Gavin Newsom vowed to follow through on his threat to have the state take over the nation’s largest utility.
Governor Newsom Aims To Block PG&E's Bankruptcy PlanCalifornia Gov. Gavin Newsom is urging a federal judge to reject Pacific Gas and Electric’s blueprint for getting out of bankruptcy and renewing his threat to lead a bid to turn the beleaguered utility into a government-run operation.
Sonoma County Prepares To Sue PG&E For Damages From Kincade FireSonoma Country is exploring plans to sue Pacific Gas and Electric over the massive Kincade Fire last fall that combined with rolling power shutoffs caused losses of $725 million.
Report: FEMA May Bill Wildfire Victims If PG&E Doesn't Pay $4 BillionThe Chronicle reports federal officials are prepared to bill wildfire victims for a portion of nearly $4 billion the government says it's owed by PG&E if the debt isn't resolved as part of the utility's bankruptcy case.
California Fire Victims Face Deadline On Filing ClaimsPeople who lost family members, homes and businesses in California wildfires had a Tuesday deadline to seek compensation.
Gavin Newsom's 1st Year As Governor A 'Baptism By Fire'During his inaugural address last January, California Gov. Gavin Newsom made only a passing reference to wildfires and never mentioned PG&E. Both soon became inescapable topics.
PG&E Scrambles to Renegotiate Wildfire Deal That Newsom NixedGov. Newsom's opposition to PG&E's restructuring plan a week after it struck a $13.5 billion settlement with fire victims is forcing the nation's largest utility to go back to the negotiating table and come up with a solution quickly.