Items Tagged with 'pge'

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PG&E Reaches $13.5B Wildfire Victims Settlement

Needing a boost to successfully exit Chapter 11 bankruptcy by mid-2020, Pacific Gas and Electric Co. (PG&E) late Friday reached a $13.5 billion settlement with the victims who sustained losses from the 2015 Butte Fire, 2017 Northern California Wildfires and 2018 Camp Fire that were thought to be caused by the combination utility's equipment. Read More

PG&E’s Possible Link to Camp Fire Carries Big Financial Burden

Pacific Gas and Electric Co. on Wednesday was staring into a financial abyss as it confronts the possibility that the Camp Fire burning in Northern California could be linked to the failure of its equipment. Meanwhile,  the destructive Woolsey Fire in Southern California may have ties to Southern California Edison Co. equipment. Read More