Here’s the story of PG&E’s missteps and why it ultimately filed for bankruptcy. News moves fast, and there's not always time to untangle the complex forces driving the day's biggest stories.
On the first day of closing arguments on Pacific Gas and Electric’s plan for exiting Chapter 11 bankruptcy, PG&E lawyers offered a doomsday prognosis of what will happen if the utility’s plan is not ...
The investors say PG&E failed to notify those who sold shares before the company filed for bankruptcy on Jan. 29, 2019, of their right to file claims for damages in the bankruptcy case. In a 5-page ...
(Reuters) - PG&E Corp is in discussions with investment banks about a multibillion-dollar financing package to help navigate bankruptcy proceedings, a sign that Chapter 11 filing preparations are ...
PG&E is now trading slightly below 10x 2026 earnings vs. peers trading above 15x. Are investors overly discounting the ...
At a recent investor briefing, PG&E’s CEO Patti Poppe told the audience ... proof the utility is restoring its fiscal health after bankruptcy following the 2017 and 2018 wildfires.
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 filed for bankruptcy this year and has already settled with insurers and local authorities. The agreements should allow the firm to emerge from bankruptcy. PG&E's settlement relates to claims ...
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 ...