California takeover of PG&E – California Globe

PG&E Faces Another Wildfire Damage Lawsuit in Northern California

December 18, 2020 2:28 pm

On Thursday, a group of more than 150 people in Shasta and Tehama Counties filed suit against Pacific Gas and Electric (PG&E) in Shasta County Superior Court over property damage from the Zogg Fire that occurred in September and October...

Cal Fire Finds PG&E At Fault in 2019 Kincade Fire

July 18, 2020 6:56 am

On Thursday, the California Department of Forestry and Fire Protection (Cal Fire) found that power and utility provider PG&E caused the Kincade wildfire in Sonoma County last October. Cal Fire’s report confirmed that a PG&E transmission line nearby Geyserville sparked...

PG&E Exits Bankruptcy

July 2, 2020 2:07 pmMarch 17, 2022 8:15 pm

Press play to hear a narrated version of this story, presented by AudioHopper. On Wednesday, Pacific Gas & Electric (PG&E) officially exited bankruptcy, ending over one and a half years of bankruptcy and emerging as a company under completely new...

Gov. Newsom Doubles Down on State Takeover of PG&E, Says Utility ‘No Longer Exists’

February 4, 2020 2:17 pmFebruary 6, 2020 7:23 am

“Exactly one year after PG&E Corp. filed for bankruptcy, Gov. Gavin Newsom said PG&E ‘no longer exists’ and doubled down on a state takeover if the utility doesn’t shape up by June 30,” the San Francisco Chronicle reported. The California...

PG&E Would Become a Public Utility Under Newly Introduced Bill

February 3, 2020 4:01 pmFebruary 6, 2020 7:24 am

California would take control of the bankrupt electrical provider PG&E under a new bill introduced in the Senate on Monday. Under the bill, introduced by Senator Scott Wiener (D-San Francisco), current shareholders of PG&E would be forced by California to...

Governor Newsom Reaffirms the State May Take Control of PG&E this Summer

January 30, 2020 6:46 pmJanuary 31, 2020 9:10 am

‘It has to to be completely re-imagined, completely transformed company. If PG&E can’t do it, we’ll do it for them.’ During a Public Policy Institute of California event on Wednesday, Governor Gavin Newsom confirmed that that California would takeover...

PG&E Faces A Possible State Takeover This Week As Gov. Newsom Prepares to Meet Utility Executives

November 4, 2019 7:08 pmNovember 5, 2019 11:59 am

Governor Gavin Newsom will meet with PG&E executives, shareholders, and others affected by the wildfires and power outages this week in Sacramento. If a plan is not agreed to, Governor Newsom has threatened that the California State Government would take...