Utility behind on installing devices to ease severity By CUNEYT DIL Associated Press SACRAMENTO, Calif. (AP) — California’s chief utility regulators and a Pacific Gas & Electric executive testified Thursday that the utility is behind on installing devices ...
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PG&E Critics Urge Judge to Reject Bankruptcy Plan
Claims the proccess was rigged in favor of investors By MICHAEL LIEDTKE AP Business Writer SAN RAMON, Calif. (AP) — Pacific Gas & Electric’s proposal to pay $25.5 billion for a series of deadly Northern California wildfires ignited ...
Read More »Regulators Approve PG&E Bankruptcy Plan Amid Safety Fears
PG&E cleared a key hurdle to end its nearly year-and-half bankruptcy By MICHAEL LIEDTKE AP Business Writer BERKELEY, Calif. (AP) — California power regulators on Thursday unanimously approved Pacific Gas & Electric’s $58 billion plan for getting out ...
Read More »PG&E Bankruptcy Trial Begins with Attacks on Voting Process
Wildfire victim and lawyer question voting oversight By MICHAEL LIEDTKE AP Business Writer BERKELEY, Calif. (AP) — An effort to block Pacific Gas and Electric’s path out of bankruptcy kicked off Wednesday’s trial on the plan in bankruptcy ...
Read More »PG&E Nears End of Bankruptcy Amid Safety Worries
The utility has been blamed for more than 100 deaths in the past decade By MICHAEL LIEDTKE AP Business Writer BERKELEY, Calif. (AP) — Pacific Gas & Electric limped into bankruptcy vilified for its long-running neglect of a ...
Read More »Regulators: Attacking Email Delays PG&E Bankruptcy Vote
Wildfire survivor criticized plan during mandated quiet period By MICHAEL LIEDTKE AP Business Writer BERKELEY, Calif. (AP) — California power regulators unexpectedly delayed a key vote Thursday on Pacific Gas & Electric’s plan for getting out of bankruptcy ...
Read More »PG&E Bankruptcy Plan Wins Support of Wildfire Victims
PG&E still must get its plan approved by the judge supervising its case By MICHAEL LIEDTKE AP Business Writer BERKELEY, Calif. (AP) — Pacific Gas & Electric’s plan for getting out of bankruptcy has won overwhelming support from ...
Read More »Regulators Suspend $200M Fine on PG&E for Causing Deadly Wildfires
Move reverses a February decision by an administrative law judge By MICHAEL LIEDTKE AP Business Writer BERKELEY, Calif. (AP) — California regulators on Thursday suspended a $200 million fine against Pacific Gas & Electric as punishment for the ...
Read More »PG&E to Purge Most of Board in Bankruptcy Fallout
PG&E’s choices for its future board will be closely scrutinized By MICHAEL LIEDTKE AP Business Writer BERKELEY, Calif. (AP) — PG&E Corp. will sweep out three quarters of its board of directors to start with a mostly clean ...
Read More »PG&E Top Executive Announces Retirement
Johnson’s June 30 retirement was not expected By MICHAEL LIEDTKE AP Business Writer BERKELEY, Calif. (AP) — PG&E Corp. CEO Bill Johnson will step down from his job just 14 months after the nation’s largest utility hired him ...
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