Under the agreement, the bondholders will withdraw their proposal and support PG&E's plan, known as the Restructuring Support Agreement, if U.S. Bankruptcy Judge Dennis Montali approves the plan.
A federal judge announced in San Francisco Thursday that he is considering ordering PG&E Co. to hire and train enough workers to trim or remove all trees that could fall on power lines and spark wildfires.
The Federal Emergency Management Agency has asked for reimbursement from PG&E to cover costs from the government’s response to destructive fires in 2015, 2017 and 2018.
The Kincade Fire and evacuations and four PG&E Public Safety Power Shutoffs last fall cost Sonoma County $725 million in economic losses, according to a report to the county's Board of Supervisors.
Federal officials are prepared to bill wildfire victims for a portion of the nearly $4 billion the government says it’s owed by Pacific Gas & Electric Co., if the debt isn’t resolved as part of the utility’s bankruptcy case, according to a newspaper report Sunday.
Attorneys for fire victims are fighting FEMA's claims.
Some lawmakers argue it's allowing the utility to benefit from what should be a penalty, but because the settlement is not technically a fine, PG&E says it can deduct the money from its federal and state taxes.
Police in Petaluma are warning residents about a potential scam in which thieves are posing as PG&E employees and are demanding customers give them immediate payment to avoid having their utility service disconnected.
The utility agreed to pay $13.5 billion to fire victims and others. Some of the money is earmarked to repay government agencies that paid for rescue and recovery efforts.
Come the new year, Pacific Gas & Electric customers will see an increase in their monthly bills.
Power is out to 73 customers Friday morning in Nicasio in unincorporated Marin County due to a downed power pole, according to PG&E.
Bill Johnson testified Thursday before the U.S. Senate Energy and Natural Resources Committee in Washington D.C. He was asked about tools to prevent wildfires, including the power shutoffs.
The settlements approved by U.S. Bankruptcy Judge Dennis Montali include $13.5 billion for fire victims and $11 billion for insurance companies that have already paid claims.
Pacific Gas and Electric has reworked a $13.5 billion settlement with victims of deadly wildfires blamed on the utility to try to prevent it from unraveling after California Gov. Gavin Newsom rejected the company’s financial rehabilitation plan.
A bankruptcy judge ruled Tuesday that the case is no longer on hold and the victims’ families can sue the PG&E in state court.
Protesters are trying to get PG&E to dissolve its ownership.
Firefighters responded at 5:19 a.m. to the fire reported in the 5000 block of Claremont Court and arrived to find flames on the exterior of the home.
The San Francisco-based company needs to pull a deal off to meet a June 30 deadline to emerge from bankruptcy protection and regain its financial footing.
PG&E crews and contractors will remove now-inactive fiber cable from transmission towers on Saturday and Sunday,
California Gov. Gavin Newsom has rejected a bankruptcy reorganization plan that Pacific Gas and Electric reached just last week with thousands of wildfire victims, including a $13.5 billion settlement.