UPDATE 2-California governor rejects PG&E bankruptcy reorganization plan [Reuters (UK)]
Pacific Gas & Electric Co. (PCG)
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Source: Reuters
California governor rejects PG&E bankruptcy reorganization plan - Reuters 5 Min Read (Reuters) - California Governor Gavin Newsom on Friday rejected a bankruptcy reorganization plan submitted by PG&E Corp ( PCG.N ), the state’s largest investor-owned utility, saying its proposal fails to meet the requirements of a recently enacted wildfire law. The decision by Newsom, sent to PG&E in a letter, complicates the company’s push to exit bankruptcy and provide billions of dollars to victims of devastating wildfires in 2017 and 2018 sparked by the utility’s power lines. The embattled utility now has until Tuesday to further amend its plan to Newsom’s satisfaction, but his criticism of the reorganization package as it was presented by PG&E a day earlier was s
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News
- April is National Safe Digging Month, A Reminder to Call to 811 Before Any Size Digging Project, Large or SmallPR Newswire
- Energy Vault Achieves Successful Close of $28 million in Project Financing for the Calistoga Resiliency Center, the World's First Ultra-Long Duration Hybrid Green Hydrogen Energy Storage Microgrid serving California's PG&E [Yahoo! Finance]Yahoo! Finance
- PG&E Corporation Schedules First Quarter 2025 Earnings Release and Conference CallPR Newswire
- Tom Girardi underling faces discipline charges over $53-million payout kept secret from clients [Los Angeles Times (CA)]Los Angeles Times
- PG&E Advancing $43 Million for Nine New Community Microgrids in Northern CaliforniaPR Newswire
PCG
Earnings
- 2/13/25 - In-Line
PCG
Sec Filings
- 4/2/25 - Form 4
- 3/18/25 - Form 4
- 3/12/25 - Form 4
- PCG's page on the SEC website