California regulator wants changes in PG&E reorganization plan, proposes $2 bln fine [Reuters]
Pacific Gas & Electric Co. (PCG)
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Source: Reuters
California regulator wants changes in PG&E reorganization plan, proposes $2 bln fine April 21 (Reuters) - A California regulator has asked PG&E Corp for governance and oversight changes in its reorganization plan, while also proposing penalties of about $2 billion on the San-Francisco based utility for its role in causing the devastating 2017 and 2018 wildfires in California. The proposal from the regulator “will require PG&E to modify its governance structure, submit to an enhanced oversight and enforcement process if it fails to improve safety, and create local operating regions”, the California Public Utilities Commission (CPUC) said late on Monday. Separately, CPUC Commissioner Clifford Rechtschaffen proposed imposing $1.94 billion in penalties on PG&E for the utility’s role in the 2017 and 2018 wildfires. In the proposal, an earlier imposed $200 million fine on PG&E was “permanently suspended” to ensure that the fine’s payment did not reduce the funds to meet the claims of wildfi
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PCG
News
- PG&E Corporation: Lackluster Yield Undermines The CapEx Plan And Data Center Pipeline [Seeking Alpha]Seeking Alpha
- Pacific Gas & Electric (NYSE:PCG) had its "buy" rating reaffirmed by analysts at Cowen Inc.MarketBeat
- Why one tribe has declared the Colorado River a legal person [Los Angeles Times (CA)]Los Angeles Times
- California utilities try AI to combat costly wildfire liabilities [Los Angeles Times (CA)]Los Angeles Times
- What Analysts Say Is Shaping the Changing Story for PG&E [Yahoo! Finance]Yahoo! Finance
PCG
Earnings
- 10/23/25 - Beat
PCG
Sec Filings
- 11/25/25 - Form 4
- 11/5/25 - Form 4
- 11/3/25 - Form 4
- PCG's page on the SEC website