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The spectacle will unfold as PG&E approaches the end of a complicated bankruptcy case that the company used to work out $25.5 billion in settlements to pay for the damages from the Camp Fire and others that torched wide swaths of Northern California and killed dozens of others in 2017. The ...
PG&E, which has an estimated 16 million customers in central and Northern California,filed for bankruptcy protectionin 2019 after its aging equipment was blamed for a series of fires, including the2018 Camp Firethat killed 85 people and destroyed 10,000 homes in Paradise and neighboring communities...
Earlier this month, PG&E announced that California's active fire season was the reason behind another delay in construction. The end-of-August completion date for the pipe repairs is now mid-September. The pipe was initially damaged in February by a rockslide. "With winter conditions and snow,...
Williams said “flawed” state laws made utilities responsible for fire risks that were beyond their control. But in a decision-making process that began last summer – before the wine country blazes – and ended after they were finally put out, the California Public Utilities Commission rejected...
What Happens if California Takes Over PG&E?Gov. Gavin Newsom tours a home destroyed in the Kincade Fire, with Cal Fire officials, Friday, Oct. 25, 2019, in Geyserville, Calif. Photo by Karl Mondon/Bay Area News Group ### Calling the bankruptcy of California’s largest investor-owned utilit...
“Another fire season is upon us and we’ve already seen several sizable fires across the western United States and of course here in California,” Williams said. “In the same way that we need to take action to make our states, communities and infrastructure more resilient, it’s critical...
Former Chico, California, police chief and wildfire victim Kirk Trostle stressed that the committee isn’t placing blame on PG&E, but trying to avert further devastation in areas still trying to rebuild. “We could not bear the thought of another Camp Fire,” he said. ...
PG&E reported net income of $732 million for the first quarter, up 29% from the same period last year. California regulators approved in December a plan for PG&E to collect an additional $2 billion from customers in 2023 and 2024 to pay for operations and fire prevention work. ...
The Ugly: Catching Fire Yesterday I wrote about PG&E Corp. (NYSE: PCG) and how the company might finally put the 2017 and 2018 California wildfires behind it. In my research forGreat Stuff, I typically avoid linking to paid or paywall-restricted news sites such asThe Wall Street Journal. ...