Wildfire

PG&E Releases Revised Reorganization Plan to Feds, State

Pacific Gas and Electric Co. (PG&E) and its parent, PG&E Corp., outlined the key elements of their joint updated Chapter 11 Plan ofReorganizationin federal and state filings Friday.

February 3, 2020

PG&E Releases Revised Reorganization Plan to Feds, State

Pacific Gas and Electric Co. (PG&E) and its parent, PG&E Corp., outlined the key elements of their joint updated Chapter 11 Plan ofReorganizationin federal and state filings Friday.

February 3, 2020

PG&E, Major Debtors Call Truce but California Governor Still Opposed to Restructuring Plan

A peace pact of sorts has been reached between PG&E Corp. and some financial adversaries regarding its many layered bankruptcy restructuring plan, but California Gov. Gavin Newsom has taken up the gauntlet to continue battle.

January 23, 2020

PG&E, Major Debtors Call Truce but California Governor Still Opposed to Restructuring Plan

A peace pact of sorts has been reached between PG&E Corp. and some financial adversaries regarding its many layered bankruptcy restructuring plan, but California Gov. Gavin Newsom has taken up the gauntlet to continue battle.

January 23, 2020

California Updating Utility Wildfire Mitigation Rules to Increase Accountability

California regulators on Monday ordered wholesale changes in the wildfire mitigation plans of the state’s major utilities, which are aimed at gaining more data and standardization as well as increased accountability in reducing wildfire risks in 2020.

December 17, 2019

Former California Regulator Proposes Creation of Public Power Authority

A former California regulator said the state could resolve its ongoing wildfire-induced electric utility issues by replacing three major investor-owned utilities and taking over the power distribution business.

December 9, 2019

Court Clears Bondholders to File Reorganization Plan in PG&E Bankruptcy

Pacific Gas & Electric Co. (PG&E) has lost the exclusive right to file its reorganization plan in court after a federal judge this week cleared the way for bondholders to file a competing version.

October 10, 2019

PG&E Inspecting Power Lines After Shutoff in Three Northern California Counties

Pacific Gas and Electric Co. (PG&E) was expected to return power on Tuesday to around 24,000 customers that lost power Monday following a public safety power shutoff in several Northern California counties.

September 24, 2019

California Natural Gas Utilities Launch Wildfire Public Information Campaign

Overwhelmed the past two years by wildfires of historic numbers and intensity, California’s major investor-owned power utilities on Monday unveiled a joint public information effort to heighten awareness and preparedness for the upcoming wildfire season.

May 9, 2019

‘Critical Principles’ At Stake in California Wildfire Reaction, Edison CEO Says

Edison International’s (EIX) CEO is pushing back against state officials who want to penalize major power utilities after California regulators on Monday released proposed utility wildfire mitigation plan decisions that leave unsettled how multi-billion dollar liability costs may eventually be recovered.

May 2, 2019