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PG&E changes leaders for a post-bankruptcy era fraught with challenges

Crimes previously committed by Pacific Gas and Electric Co. hung over Bill Johnson for the entire time he was chief executive of the parent company PG&E Corp. Effective Tuesday, Johnson

PG&E hit with record-setting $1.9 billion penalty over fatal wildfires

PG&E was slapped with a nearly $2 billion penalty on Thursday for its role in causing several fatal Northern California infernos in 2017 and 2018, the largest financial punishment ever

Gov. Gavin Newsom Supports PG&E’s Bankruptcy Exit Plan

Gov. Gavin Newsom has reportedly signed off on PG&E’s latest plan to exit bankruptcy, over a year after the utility filed for bankruptcy protection. The news brings PG&E one

PG&E pleads guilty to 84 counts of involuntary manslaughter over Camp fire

In a federal filing Monday permanently documenting its role in causing California’s deadliest wildfire, Pacific Gas & Electric announced it has pleaded guilty to 84 counts of involuntary manslaughter for

PG&E, Gov. Newsom reach deal to settle utility’s bankruptcy amid wildfire woes

Gov. Gavin Newsom announced Friday that he has reached a deal with PG&E that will dramatically transform the disgraced utility and potentially end a bankruptcy ushered in by the company’s

PG&E bankruptcy financing proposal approved amid concerns of coronavirus economic impact

Dive Brief: Pacific Gas & Electric (PG&E) on Monday received approval to move ahead with financing commitments of approximately $20 billion to support its emergence from Chapter 11 bankruptcy —

Judge boosts PG&E penalty to more than $2.1B for role in 2017, 2018 fires

Dive Brief: Pacific Gas & Electric’s penalty stemming from its role in the 2017 and 2018 wildfires should be increased to over $2.1 billion, an administrative law judge (ALJ) said

PG&E CEO says two employees, contractor involved in ‘possible fraud’

PG&E Corp.’s chief executive said Monday that one of his company’s contractors doing work related to the 2018 Camp Fire aftermath had charged more than it was supposed to and

Court backs PG&E agreement ending tussle with bondholders as utility revamps reorganization plan

Dive Brief: Pacific Gas & Electric (PG&E) received court approval on Tuesday to push forward an agreement with its bondholder committee under which the bondholders will withdraw their competing proposal

PG&E strikes deal with bondholders, but Newsom reiterates objections

Dive Brief: Pacific Gas & Electric and a group of its bondholders that were attempting to take over the company’s reorganization process have reached an agreement, the utility announced on

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