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July 22, 2024

Pacific Gas and Electric (PG&E)

A Year Later, PG&E Close to End of Bankruptcy
Lawyers representing shareholders, fire victims and the government are still wrangling to secure a share of the multibillion-dollar pot PG&E will pay out.
CPUC President Vows to be ‘Damn Nimble’
California PUC President Marybel Batjer told lawmakers the commission would move quickly to deal with wildfires, blackouts and PG&E's bankruptcy.
PG&E Settles with Bondholders; Governor Objects
PG&E settled with bondholders whose competing reorganization plan may have been the biggest threat to having its own Chapter 11 reorganization plan adopted.
California PUC to Examine Gas Safety, Reliability
The California PUC launched an examination of the state’s natural gas infrastructure and the rules governing it for the first time in 16 years.
Disasters Prompt California Rate Case Change
The California Public Utilities Commission decided to extend the general rate case cycle for the state’s investor-owned utilities from three years to four.
California PUC Devoting $1.2B to Self-generation
The California PUC approved $830 million in incentives for self-generation with the goal of benefiting disadvantaged customers who live in fire-prone areas.
FEMA Wants $4 Billion from PG&E in Bankruptcy
FEMA's claims that Pacific Gas and Electric owes it more than $3.9 billion have thrown the utility’s Chapter 11 case into disarray.
Newsom Budget Reiterates PG&E Takeover Threat
Gov. Gavin Newsom released an outline of his proposed 2020-2021 budget that included language reiterating his threat to take over Pacific Gas and Electric.
PG&E Turmoil Will Occupy West Again in 2020
PG&E's bankruptcy looks likely to continue through the first half of 2020, while CAISO seeks to expand its EIM and meet reliability requirements.
Judge OKs PG&E Deals with Fire Victims, Insurers
PG&E scored major wins in its effort to emerge from Chapter 11 bankruptcy with its shareholders still in control of the utility.

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