One Wildfire Metric Threatens to Upend PG&E’s Restructuring Plan October 29, 2019 PG&E Corp. investors looking to learn their fate may not get the answer from the bankrupt power company. Instead, the...
PG&E Cuts Power to Half a Million in California on Fire Risk October 9, 2019 By David R. Baker, Mark Chediak and Jeffrey Taylor PG&E Corp., the California utility giant forced into bankruptcy by devastating wildfires, has cut power to 513,000 customers in the...
PG&E Disagrees With WSJ Story Over Power Line Upgrades August 1, 2019 By Joel Rosenblatt and Mark Chediak PG&E Corp. told a judge it “strongly disagrees” with a Wall Street Journal storysuggesting that the utility knew its equipment...
After Blazes Burn PG&E, California Passes Utility Fire Fund July 12, 2019 By Mark Chediak California is establishing a fund totaling as much as $21 billion to help rescue utilities from a wildfire crisis that...
PG&E Judge Demands Response to WSJ Report on Faulty Lines July 11, 2019 By Joel Rosenblatt PG&E Corp. was ordered by a federal judge overseeing its probation to respond to a Wall Street Journal story claiming...
California’s Fire ‘Bailout’ for PG&E, Edison Clears Hurdle July 10, 2019 By Mark Chediak and Jeffrey Taylor Utility giants PG&E Corp. and Edison International are one step closer to getting California’s help in covering the costs of...
California Regulator Considers Penalty Against PG&E for 2017 Wildfires July 1, 2019 California utilities regulator has opened a case to evaluate and consider penalties against power and gas utility PG&E Corp for...
PG&E Reaches $1 Billion Wildfire Settlement With Local Agencies June 19, 2019 By David R. Baker and Mark Chediak PG&E Corp., the California utility giant that went bankrupt five months ago amid crippling wildfire liabilities, has reached a $1...
PG&E Lines Tied to Deadliest California Fire in State Report May 16, 2019 By Mark Chediak and David R. Baker California investigators have determined that PG&E Corp.’s power lines ignited the deadliest blaze in state history, opening the door for...
California May Go Dark This Summer, and Most Aren’t Ready May 13, 2019 By Mark Chediak and Brian Eckhouse A plan by California’s biggest utility to cut power on high-wind days during the onrushing wildfire season could plunge millions...