PG&E state takeover Archives - California Globe

PG&E Public Utility ‘Backstop’ Bill Passes Senate, Awaits Newsom’s Signature

June 30, 2020 2:20 pmJune 30, 2020 3:19 pm

On Monday, the Senate passed a bill that would turn PG&E into a non-profit, public utility should the company fail to emerge from bankruptcy. A possible state takeover of PG&E Senate Bill 350, authored by Senator Jerry Hill (D-San Mateo),...

CPUC Approves PG&E Chapter 11 Reorganization Plan

May 29, 2020 1:53 amMay 28, 2020 9:56 pm

On Thursday, the California Public Utilities Commission (CPUC) approved PG&E’s Chapter 11 plan of reorganization, paving the way for the utility company to come out of bankruptcy before the June 30th deadline. CPUC approves PG&E’s plan on leaving Chapter 11...

Senate Passes Bill that Makes PG&E Accountable for Blackout Damages

January 29, 2020 8:07 pm

After failing twice last year and barely squeaking by a Senate Committee vote several weeks ago, Senate Bill 378 has finally passed a Senate vote this week after several late amendments made it more palatable to Senators in Sacramento. Updated...

Governor Newsom’s Approval No Longer Needed on PG&E Settlements

December 17, 2019 5:21 pmDecember 18, 2019 2:09 pm

PG&E removed a provision requiring the Governor to approve all settlements with wildfire victims on Monday. Meeting with wildfire victim representatives on Monday to come up with an agreeable settlement amount, both sides agreed to not allow the Governor to...