PG&E to offer $13.5 bln in compensation to wildfire victims - Bloomberg [Reuters]
Pacific Gas & Electric Co. (PCG)
Last pacific gas & electric co. earnings: 5/1 08:21 am
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Source: Reuters
PG&E to offer $13.5 billion in compensation to wildfire victims: Bloomberg - Reuters 2 Min Read (Reuters) - Bankrupt California power producer PG&E Corp is offering $13.5 billion in compensation to wildfire victims as part of a restructuring plan, Bloomberg reported on Monday, citing people with knowledge of the situation. The same amount has been offered to the victims by a rival group of noteholders led by Pacific Investment Management Co and Elliott Management Corp, according to the report here PG&E sought Chapter 11 bankruptcy protection in January after massive wildfires struck Northern California in 2017 and 2018, which were blamed on its equipment. A lawyer for the committee of wildfire victims said last month their claims may be worth $13.5 billion, Reuters reported. PG&E had previously proposed to provide $8.4 billion in compensation, but the victims sided with the noteholders in the hopes of getting more money. PG&E and the victims were in talks on Monday, Bloomberg reporte
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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