The energy company could be held liable for more than $30 billion.
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PG&E's Bankruptcy Was Predictable And Could Have Been Prevented With Distributed AssetsWildfires may be the immediate cause of PG&E’s bankruptcy but an outdated regulatory system is also a factor. As such, PG&E’s financial and legal woes could have been mitigated not just by having better oversight but also by making more investments in distributed generation and delivery.
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Into and Out of and Back Into Bankruptcy Court: A PG&E TimelineA timeline of major events in PG&E's corporate history from 2001, when it first filed for Chapter 11 bankruptcy protection, through Tuesday, when the company began the reorganization process again.
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California Wildfire Insurance Claims Total $11.4 Billion For November 2018This week the state's largest utility, PG&E Co., is expected to file for bankruptcy protection due to its potential liabilities.
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PG&E Says Federal Judge's Safety Plan Is Not Feasible And Too ExpensiveThe utility company is trying to convince a federal judge to modify a wide-ranging proposal to mitigate wildfire risk. PG&E is also seeking bankruptcy protection.
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California Power Provider PG&E Files For Bankruptcy In Wake Of Fire LawsuitsThe utility is facing billions of dollars in legal liability for fires caused by its equipment. PG&E filed for Chapter 11 bankruptcy, which would let it restructure its debts.
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Millions Could Lose Power Under PG&E's Plan To Prevent WildfiresThe company could shut down power to as many as 5.4 million of its customers, it said. PG&E declared bankruptcy last month in the face of billions of dollars in fire-related liabilities.
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