PG&E Corp. told a federal judge who has kept the troubled utility under a tight leash that it’s close — but not fully on target — to complying with all the wildfire prevention measures required under its criminal probation. The …
The Federal Emergency Management Agency on Monday defended its push to collect $3.9 billion in claims from PG&E Corp. for the relief it provided after the utility’s power lines sparked devastating wildfires. Wildfire victims have been fighting the payments to …
SAN FRANCISCO — A financial tug-of-war is emerging over the $13.5 billion that the nation’s largest utility has agreed to pay to victims of recent California wildfires, as government agencies jockey for more than half the money to cover the …
A clause that would allow California to take over bankrupt utility giant PG&E Corp. under certain circumstances has emerged as a big sticking point in negotiations between the company and Governor Gavin Newsom. Newsom wants the power company to include …
PG&E Corp. shares plummeted after California Governor Gavin Newsom rejected its bankruptcy restructuring plan, forcing the company to make sweeping changes to meet his demands. The state’s largest power company has until Tuesday to address conditions that Newsom laid out …
PG&E Corp. is close to finalizing terms for a $13.5 billion payout to victims of wildfires ignited by its power lines, a key step toward resolving the biggest utility bankruptcy in U.S. history, according to people familiar with the matter. …
California utility PG&E Corp has imposed 10 intentional blackouts this year to reduce risks its power infrastructure could spark wildfires and said they will continue for a decade. PG&E initially said outages would happen only a couple of times a …
PG&E Corp. is moving forward on cutting power to about 150,000 customers starting early Wednesday in the latest mass blackout designed to keep its power lines from igniting wildfires. The bankrupt utility is shutting off service to homes and businesses …
For California Governor Gavin Newsom, sitting back and watching PG&E Corp.’s bankruptcy run its course is no longer an option. The mayors of 22 cities are pressing him to turn the embattled power giant into a customer-owned cooperative. San Francisco, …
Edison International once again will try to sway a California state court judge to rule that it can’t be held liable for all the damage to private property caused by a wildfire, if it isn’t allowed to pass on some …