Tag "30 billion wildfire liabilities"

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Prospects of PG&E Takeover in 2020

The June 30, 2020, deadline for Pacific Gas & Electric to emerge from bankruptcy if the giant utility wants to be eligible for a $21 billion wildfire relief fund set up by Gov. Gavin Newsom and the Legislature earlier this

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PG&E Chapter 11 moves ahead – despite criticism over bonuses and board

Pacific Gas & Electric’s decision to file for Chapter 11 bankruptcy in January – coming after three years of deadly, destructive wildfires in its service areas and never-ending concerns about its safety record – hasn’t stopped the negative headlines. The

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