Pacific Gas and Electric (PG&E)
Lawyers in PG&E’s bankruptcy case argued whether the court should approve a letter informing fire victims of potential flaws in a $13.5 billion settlement.
FERC rejected PG&E’s request to rehear a case where the commission ruled interconnection customers could be harmed by changes occurring outside boundaries.
PG&E said it will plead guilty to 85 felonies stemming from the Camp Fire in November 2018, including 84 charges of involuntary manslaughter.
PG&E cleared another hurdle in its bid to exit bankruptcy but the latest comes with a caveat: the state or a third-party bidder could buy the utility.
PG&E won approval for its bankruptcy exit plan, after Gov. Gavin Newsom dropped his objection in the face of the pandemic-caused stock market meltdown.
FERC said it won’t rehear a case on whether Pacific Gas and Electric deserves a $30 million annual incentive adder for staying in CAISO.
FEMA dropped its claim to a chunk of the $13.5 billion trust PG&E plans to fund for wildfire victims, removing an obstacle to its exit from bankruptcy.
PG&E's bankruptcy could reach another milestone as the utility tries to explain its Chapter 11 reorganization proposal to fire victims and other parties.
FERC denied multiple requests for rehearing and clarification of Orders 860 and 861, which concerned reporting requirements and screens for MBR sellers.
California PUC President Marybel Batjer receivership may be necessary if PG&E can’t provide safe service once it exits bankruptcy.
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