January 20, 2025

Gavin Newsom

PG&E Settles with Bondholders; Governor Objects
PG&E settled with bondholders whose competing reorganization plan may have been the biggest threat to having its own Chapter 11 reorganization plan adopted.
Newsom Budget Reiterates PG&E Takeover Threat
Gov. Gavin Newsom released an outline of his proposed 2020-2021 budget that included language reiterating his threat to take over Pacific Gas and Electric.
PG&E Chapter 11 Plan Won’t Do, Governor Tells Judge
California Gov. Gavin Newsom told the bankruptcy court he objects to the plan PG&E submitted, including the proposed $13.5 billion settlement with victims.
Fight Escalates over PG&E Settlement with Insurers
Wildfire victims and California Gov. Gavin Newsom challenged PG&E’s proposed $11 billion settlement with insurance companies that are seeking reimbursement.
Pressure Grows for Public Takeover of PG&E
More elected officials are calling for a public takeover or restructuring of PG&E after it blacked out millions of Californians to prevent deadly wildfires.
CPUC Orders Changes to PG&E Shutoff Rules
California officials ordered changes to PG&E's precautionary power shutoff rules and demanded refunds for customers affected by last week's blackouts.
California Governor Signs Electricity, Wildfire Bills
California Gov. Gavin Newsom signed two dozen bills dealing with wildfire prevention and affecting the state’s electricity providers.

Want more? Advanced Search