Pacific Gas and Electric Company

American utility company

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Pacific Gas and Electric Company: American utility company
The Pacific Gas and Electric Company (PG&E) is an American investor-owned utility (IOU) with publicly-traded stock. The company is headquartered in the Pacific Gas & Electric Building, in San Francisco, California, United States. PG&E provides natural gas and electricity to most of the northern two-thirds of California, from Bakersfield and to the north side of the County of Santa Barbara, to near the Oregon State Line and Nevada and Arizona State Line, which represents 5.2 million households.


California regulator approves PG&E's Chapter 11 reorganization plan

Power regulator California Public Utilities Commission (CPUC) has approved PG&E Corp's Chapter 11 reorganization plan, the San Francisco-based utility company said on Thursday.
Reuters - Published

California Regulators Back PG&E Bankruptcy Plan

The vote increases the likelihood that the utility will resolve its case by a June 30 deadline and get future liability protection from the state. - Published Also reported by •Reuters

PG&E Says Wildfire Victims Back Settlement in Bankruptcy

The vote to accept a $13.5 billion deal will help the California utility resolve its bankruptcy in time to qualify for a state wildfire fund. - Published

PG&E’s Settlement With Wildfire Victims Faces Crucial Vote

Some victims think the $13.5 billion deal is flawed and are worried that a lawyer who negotiated it has a conflict of interest. - Published

Coronavirus Testing in California: What to Know

Friday: Testing capacity is still a major hurdle to reopening, but California is getting closer. Also: PG&E’s chief executive said he’ll retire. - Published

PG&E Chief Executive to Retire in June

Bill Johnson joined the troubled utility last year and will leave when the company resolves its bankruptcy case. - Published

California regulator wants PG&E reorganization plan changes, proposes $2 billion fine

A California regulator has asked PG&E Corp for governance and oversight changes to its reorganization plan, while proposing about $2 billion in penalties for the San-Francisco based utility's role in..
Reuters - Published

Wildfire Victims Push to Reopen $13.5 Billion Deal With PG&E

The falling price of the utility’s shares, which are part of the settlement, has jeopardized the company’s plan to emerge from bankruptcy by June 30. - Published

PG&E to plead guilty to 84 involuntary manslaughter counts over 2018 wildfire

Pacific Gas & Electric has agreed to plead guilty to 84 involuntary manslaughter counts in connection with the 2018 Camp Fire, the most destructive wildfire in California's history.
Reuters - Published Also reported by •

PG&E Will Plead Guilty to Manslaughter in Camp Fire

The California utility faced felony charges in connection with a 2018 wildfire that killed more than 80 people. - Published

PG&E Reaches Agreement With Governor, Clearing Big Hurdle

The troubled California utility is agreeing to limit payouts to shareholders to satisfy Gov. Gavin Newsom in its effort to emerge from bankruptcy and qualify for a state wildfire fund. - Published

California regulator proposes record $2.14 billion fine on PG&E over wildfires

California's utilities regulator has proposed an increased $2.14 billion fine on PG&E Corp for its role in causing the devastating 2017 and 2018 wildfires in Northern California.
Reuters - Published

Your heart-shaped metallic balloon could cause a mass power outage, energy companies warn

Companies such as FirstEnergy and PG&E are warning their customers about the dangers of metallic balloons on Valentine's Day. - Published

Greenpeace activist applies for top job at Poland's coal-burning utility

Greenpeace activist, Pawel Szypulski, said on Thursday he was applying for the chief executive job at Poland's biggest utility PGE, with a plan to eliminate polluting coal from the group's power..
Reuters - Published

PG&E Has a Survival Plan, and Newsom Has Plan B: A Takeover

California’s governor is threatening to assume control of the utility if its restructuring in bankruptcy doesn’t meet his demands. Does he mean it? - Published

In California: After weeks of mourning, a final farewell to Kobe

The date and location are finalized for a public memorial in Los Angeles honoring the Lakers legend and eight others. Plus: An inspection as part of a Camp Fire lawsuit has uncovered rusty PG&E.. - Published

California lawmaker introduces bill to make PG&E a publicly owned utility

A California lawmaker has introduced a bill aimed at making PG&E Corp a publicly owned utility, a year after liabilities from wildfires traced back to some of its equipment pushed the power producer..
Reuters - Published

PG&E proposes board revamp in revised bankruptcy plan

Bankrupt California power producer PG&E Corp said on Saturday it had submitted an updated bankruptcy reorganization plan including a new board of directors and new roles aimed at addressing concerns..
Reuters - Published

PG&E Announces Deal to Exit Bankruptcy, but Governor Balks

Even before the California utility said it had an accord with bondholders, Gov. Gavin Newsom declared that the plan didn’t meet the public interest. - Published

Why Do People Become Homeless?

Wednesday: People who have experienced homelessness share their stories. Also: A PG&E update and the San Francisco 49ers. - Published

Claims by PG&E Wildfire Victims Reach 80,000

The number of individuals seeking compensation from the utility more than doubled in just over two months. - Published

California eyes climate bond to prepare for disasters

california eyes climate bond to prepare for disasters
Sunday Jan 5, 2020 at 11:26 AM Jan 5, 2020 at 11:26 AM SACRAMENTO, CAlif. (AP) " In a state burdened by billions of dollars in wildfire damage, California lawmakers are hoping for an advance loan..
WorldNews - Published

PG&E creditors offer California wildfire victims $13.5 billion in cash upfront

PG&E Corp's creditors have sweetened their offer to California wildfire victims, saying they are now prepared to pay $13.5 billion in cash upfront, according to a letter sent on Friday to state..
Reuters - Published

ICE inks contracts worth billions for private immigration centers

The move happens just ahead of a state law that goes into effect Jan. 1 that phases such arrangements out of existence. Meanwhile, PG&E's power shutoffs were bad, but maybe they were even worse than we.. - Published

A Conversation With Tom Steyer

Wednesday: The billionaire is set to be the only Californian on the Democratic debate stage this week. Also: A PG&E deal, and See’s Candies. - Published

U.S. judge approves PG&E deal with California wildfire victims; stock jumps

A U.S. bankruptcy judge approved on Tuesday PG&E Corp's $13.5 billion settlement with victims of Californian wildfires, and the company's stock rallied as the utility gained momentum to emerge from..
Reuters - Published

After Deal With Fire Victims, PG&E Bankruptcy Still Far From Settled

The utility faces objections from the governor of California and hedge funds vying for control of the company. - Published

PG&E, fire victims waive deadline for governor's OK of reorganization plan

California wildfire victims and utility PG&E Corp have agreed to waive a Tuesday deadline for securing approval from the state's governor for the power company's reorganization plan that contains a..
Reuters - Published

California governor rejects $13.5 billion PG&E settlement

california governor rejects $13.5 billion pg&e settlement
SAN FRANCISCO (AP) — California Gov. Gavin Newsom has rejected a $13.5 billion settlement that Pacific Gas & Electric struck just last week with thousands of people who lost homes, businesses and..
WorldNews - Published

California Governor Rejects PG&E’s Restructuring Plan

Gov. Gavin Newsom’s opposition is the latest hurdle for the utility, which is seeking to resolve a complex bankruptcy and take part in a state wildfire fund. - Published Also reported by •Reuters

What’s Ahead for PG&E?

Thursday: A look at the moving pieces in the utility’s bankruptcy. Also: Zoe Lofgren, and a historic marionette theater. - Published

Bankrupt PG&E to take $4.9 billion more charge on wildfire victim claims

PG&E Corp said on Monday it would take a pretax charge of $4.9 billion in the current quarter related to the..
Reuters - Published

Combating Compassion Fatigue

Monday: An expert talks about the effects of seeing people living on the streets. Also: A major PG&E settlement, and Katie Hill speaks out. - Published

PG&E: California power firm to pay $13.5bn to wildfire victims

Utility giant PG&E reaches a settlement over several fires tied to the firm's equipment.
BBC News - Published

Bankrupt PG&E reaches $13.5 billion settlement with California wildfire victims

California's bankrupt power producer PG&E Corp said on Friday it had reached a $13.5 billion settlement with victims of some of most devastating wildfires in the state's modern history.
Reuters - Published

PG&E reaches $13.5 billion settlement from 2017-2018 wildfires

pg&e reaches $13.5 billion settlement from 2017-2018 wildfires
LOS ANGELES — Pacific Gas and Electric announced Friday it has reached a tentative $13.5 billion settlement resolving all major claims related to the deadly, devastating Northern California wildfires..
WorldNews - Published

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