California’s major utilities have been told to continue pushing forward with enhanced wildfire mitigation plans despite statewide shelter-in-place mandates regarding the Covid-19 pandemic.
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California Governor, PG&E Agree on Bankruptcy Exit Plan
California Gov. Gavin Newsom and bankruptcy bound Pacific Gas and Electric Co. (PG&E) and its parent company have informed a federal court in San Francisco of their joint support for a revisedplan of reorganizationfor the combination utility’s exit from Chapter 11. The agreement includes PG&E’s acceptance of a state takeover if it fails to get timely court and state approvals.
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.
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.
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.
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.
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.
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.
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.
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.