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July 3, 2024

California wildfires

PG&E to Plead Guilty to Killing 84 in Camp Fire
PG&E said it will plead guilty to 85 felonies stemming from the Camp Fire in November 2018, including 84 charges of involuntary manslaughter.
PG&E Deal with Gov. Allows for Utility’s Sale
PG&E cleared another hurdle in its bid to exit bankruptcy but the latest comes with a caveat: the state or a third-party bidder could buy the utility.
PG&E Resolves Dispute with Fire Victims, FEMA
FEMA dropped its claim to a chunk of the $13.5 billion trust PG&E plans to fund for wildfire victims, removing an obstacle to its exit from bankruptcy.
PG&E Tries to Put Bankruptcy Plan in Layman’s Terms
PG&E's bankruptcy could reach another milestone as the utility tries to explain its Chapter 11 reorganization proposal to fire victims and other parties.
CPUC President Wants More Control over PG&E
California PUC President Marybel Batjer receivership may be necessary if PG&E can’t provide safe service once it exits bankruptcy.
PG&E Reports $3.6 Billion Q4 Loss
PG&E reported multibillion-dollar losses in its quarterly and annual reports but expects sustainable financial performance after it emerges from reorganization.
California Bills Target PG&E, IOUs
California lawmakers have drafted a spate of bills since early January aimed at correcting perceived wrongs by PG&E and other investor-owned utilities.
What Spring Could Bring for PG&E
The countdown is on for P&GE's bankruptcy exit, which needs to happen for the utility to participate in an insurance fund to protect it from liabilities.
Judge Approves PG&E’s Deal with Bondholders
The federal judge in charge of PG&E’s Chapter 11 reorganization set a timeline for it to exit bankruptcy and approved its recent agreement with bondholders.
CPUC Proposes New Power Shutoff Guidelines
The California PUC issued proposed guidelines for utilities to follow when intentionally blacking out areas to prevent equipment from starting wildfires.

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