PG&E is now trading slightly below 10x 2026 earnings vs. peers trading above 15x. Are investors overly discounting the ...

Investing.com -- In the recent fourth quarter letter to shareholders, Dan Loeb's hedge fund, Third Point, shared an update on its holding of PG&E (NYSE: PCG) Corporation. Loeb expressed deep concern ...

Introduction: A Historic Settlement amidst Devastation The wildfires that ravaged California in 2017 and 2018 left behind a trail of destruction, displacing thousands, costing over a hundred lives, ...

PG&E, which filed for bankruptcy in 2019 as it faced billions of dollars in liability claims related to its role in a series of devastating and deadly wildfires in California, expects to use the ...

Third Point Management, a New York-based investment advisor, released its fourth-quarter 2024 investor letter. A copy of the letter can be downloaded here.

The concentrating solar array in California is on the path to closure after being hailed as a breakthrough for renewable ...

PG&E Corporation (NYSE:PCG ... billion in legal claims tied to previous fires that led to its 2019 Chapter 11 bankruptcy. According to reports, the Los Angeles blaze which broke out on Tuesday ...

Southern California Edison's potential liability for the Eaton fire could lead to significant compensation for affected ...

Case in point: the Ivanpah solar project. Maybe you’ve seen the unsightly, blindingly bright towers while traveling from L.A.

The L.A.-area fires may pose the first big test of California’s wildfire fund, which was set up in 2019 to protect utilities from bankruptcy.