Tag Archives: PGE

CA Utility Guilty Of Involuntary Manslaughter In Fire

The Daily Beast reports: Pacific Gas & Electric will plead guilty to felony involuntary manslaughter charges for its role in starting the deadly Camp Fire in California two years ago, The Wall Street Journal reports. The Camp Fire, which claimed the lives of 85 people, was the most destructive and deadly wildfire in state history. An indictment in Butte County …

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California Utility Settles Wildfires Claims For $13.5B

NPR reports: Utility giant Pacific Gas and Electric announced a $13.5 billion settlement agreement to resolve all claims associated with several Northern California wildfires that killed dozens of people and destroyed thousands of businesses and homes. The wildfires have been tied to the company’s equipment. “We want to help our customers, our neighbors and our friends in those impacted areas …

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California Utility Admits It May Have Sparked Wildire

The Associated Press reports: California’s biggest utility admitted its electrical equipment may have ignited a ruinous wildfire spreading across the state’s wine country Friday, despite blackouts imposed across the region to prevent blazes. The disclosure came as firefighters simultaneously battled flames in both Northern and Southern California: the fire amid Sonoma County’s vineyards, and a wind-whipped blaze that destroyed homes …

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CALIFORNIA: 800K To Lose Power To Prevent Wildfires

The Associated Press reports: Millions of people in California woke up in the dark Wednesday after Pacific Gas & Electric started shutting off power to prevent what the utility called an unprecedented wildfire danger. PG&E said it cut power to more than 500,000 customers in Northern California and that it plans to gradually turn off electricity to nearly 800,000 customers …

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Nation’s Largest Utility Files For Chapter 11 Bankruptcy

The Associated Press reports: Pacific Gas & Electric Corp., the nation’s biggest utility, filed for bankruptcy reorganization Tuesday in a bid to relieve itself of some of the billions of dollars in damages it could face as a result of California’s devastating wildfires. The Chapter 11 filing allows PG&E to continue operating while it puts its finances in order. But …

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California’s PG&E To Declare Bankruptcy Over Wildfires

The Wall Street Journal reports: PG&E Corp. said it will seek Chapter 11 bankruptcy protection, a day after the company’s CEO stepped down over the financial fallout spurred by the utility’s role in helping spark the California wildfires. The company and its wholly owned subsidiary, Pacific Gas & Electric Co., said they plan to file a petition on or around …

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California’s PG&E Mulls Bankruptcy Over Wildfires

Reuters reports: California utility company PG&E Corp is exploring filing some or all of its business for bankruptcy protection as it faces billions of dollars in liabilities related to fatal wildfires in 2018 and 2017, people familiar with the matter said on Friday. The company is considering the move as a contingency, in part because it could soon take a …

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PG & E Gives $250K To Fight Prop 8

Pacific Gas & Electric, which provides Northern California with most of its electricity and natural gas, has donated $250K to the fight against Proposition 8. Giving a financial and public relations boost to gay marriage proponents, PG&E announced today that it is giving $250,000 to the No on Proposition 8 campaign. The utility also said it will spearhead the formation …

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