Pacific Gas and Electric (PG&E)
Profit pressures and untrained staff allowed a century-old C hook to fail, causing the deadliest and most destructive wildfire in California history.
PG&E's CEO pled “guilty, your honor,” 84 times to involuntary manslaughter as one of the largest corporate homicide cases in U.S. history neared its conclusion.
The California PUC adopted measures to prepare for this year’s fire season by accelerating deployment of microgrids and approving IOU prevention plans.
PG&E Corp named a nearly new board of directors to guide the troubled utility after it emerges from bankruptcy, probably later this month.
Lawmakers advanced a measure that would let the state appoint a receiver or take over PG&E if the utility fails to provide safe and reliable service.
Bankruptcy attorneys representing PG&E told Judge Dennis Montali the utility’s reorganization plan is the best possible outcome for victims and ratepayers.
Fire victims unhappy with PG&E’s reorganization scheme urged U.S. Bankruptcy Judge Dennis Montali to reject it during the second day of arguments.
Attorneys began debating the merits of PG&E’s reorganization proposal during the final days of the utility’s bankruptcy case before Judge Dennis Montali.
The CPUC unanimously approved PG&E’s reorganization plan but warned it will be able to end the utility’s monopoly should it fail to ensure public safety.
PG&E’s CFO took to the virtual stand in bankruptcy court to face questions about the “feasibility” and “fairness” of the utility’s reorganization plan.
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