UPDATE 1-California regulator wants PG&E reorganization plan changes, proposes $2 bln fine [Reuters]
Pacific Gas & Electric Co. (PCG)
Last pacific gas & electric co. earnings: 5/1 08:21 am
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Source: Reuters
UPDATE 1-California regulator wants PG&E reorganization plan changes, proposes $2 bln fine (Adds PG&E’s response) April 21 (Reuters) - A California regulator has asked PG&E Corp for governance and oversight changes to its reorganization plan, while proposing about $2 billion in penalties for the San-Francisco based utility’s role in causing the devastating 2017 and 2018 wildfires in California. The proposal “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. PG&E filed for Chapter 11 bankruptcy protection in January last year, citing potential liabilities exceeding $30 billion from major wildfires sparked by its equipment in 2017 and 2018. It must exit bankruptcy by June 30 to take part in a state-backed wildfire fund that would help reduce the threat to utilities from wildfires. Under CPUC
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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