PG&E bankruptcy Archives - Page 2 of 5

Cal Fire Finds PG&E At Fault in 2019 Kincade Fire

July 18, 2020 6:56 am

On Thursday, the California Department of Forestry and Fire Protection (Cal Fire) found that power and utility provider PG&E caused the Kincade wildfire in Sonoma County last October. Cal Fire’s report confirmed that a PG&E transmission line nearby Geyserville sparked...

PG&E Exits Bankruptcy

July 2, 2020 2:07 pmMarch 17, 2022 8:15 pm

Press play to hear a narrated version of this story, presented by AudioHopper. On Wednesday, Pacific Gas & Electric (PG&E) officially exited bankruptcy, ending over one and a half years of bankruptcy and emerging as a company under completely new...

PG&E Public Utility ‘Backstop’ Bill Passes Senate, Awaits Newsom’s Signature

June 30, 2020 2:20 pmJune 30, 2020 3:19 pm

On Monday, the Senate passed a bill that would turn PG&E into a non-profit, public utility should the company fail to emerge from bankruptcy. A possible state takeover of PG&E Senate Bill 350, authored by Senator Jerry Hill (D-San Mateo),...

Will Green Microgrids Reduce Deadly Fires and Brownouts?

June 29, 2020 12:20 pmJune 29, 2020 1:07 pm

92 percent of firestorms in California are not caused by downed power lines. The California Public Utilities Commission by law restricts implementation of the safest, cheapest and fastest option of mobile natural gas power plants to lessen the risk...

PG&E Pleads Guilty To 84 Deaths In 2018 Camp Fire

June 16, 2020 3:02 pmFebruary 25, 2021 11:29 am

On Tuesday, utility provider Pacific Gas & Electric (PG&E) entered a guilty plea for 84 felony counts of involuntary manslaughter over 84 people dying during the 2018 Camp Fire. 84 counts of involuntary manslaughter PG&E executives confessed to the companies...

CPUC Approves PG&E Chapter 11 Reorganization Plan

May 29, 2020 1:53 amMay 28, 2020 9:56 pm

On Thursday, the California Public Utilities Commission (CPUC) approved PG&E’s Chapter 11 plan of reorganization, paving the way for the utility company to come out of bankruptcy before the June 30th deadline. CPUC approves PG&E’s plan on leaving Chapter 11...

PG&E To Pay Camp Fire Victims $13.5 Billion and Plead Guilty to 84 Counts of Involuntary Manslaughter

March 24, 2020 6:31 amMarch 25, 2020 11:32 am

On Monday, Pacific Gas and Electric plead guilty to 84 counts of involuntary manslaughter and one count of unlawfully starting the 2018 Camp Fire. One count for each victim PG&E also agreed to pay victims of the 2018 Camp Fire,...