Recent events
Recent events tied to this brand in public sources.
Back to profile29 entries · Page 2 of 2
2020
California regulators fine PG&E $2.1 billion over wildfires
California power regulators imposed a $2.1 billion fine on PG&E for igniting a series of deadly wildfires. The decision also prevents the company from attempting to recover $1.82 billion from customers.
2020
PG&E pledges to refresh its board before exiting bankruptcy
PG&E pledged to refresh its board before emerging from bankruptcy, but did not say whether it would replace the entire board as California Governor Gavin Newsom had demanded.
2019
PG&E reaches settlement in 2020 general rate case
Pacific Gas and Electric Company reached a settlement with several parties in its 2020 General Rate Case and filed the agreement with the California Public Utilities Commission. The agreement asks the commission to approve funding for safety measures, including wildfire prevention; the commission's decision was still pending.
2019
PG&E reached a $13.5 billion wildfire settlement
PG&E said it reached a $13.5 billion settlement to resolve major claims related to wildfires blamed on its outdated equipment and negligence. The settlement remained subject to court approval and other conditions.
2019
Shady Oak Barrel House faces backlash over beer name targeting PG&E
Shady Oak Barrel House faced backlash after naming a beer with a disparaging word aimed at PG&E. The brewery said the name was intended to criticize the corporation, not its employees, and apologized and explained its position.
2019
California Senate to investigate PG&E power shutoff process
The California Senate announced that its Energy, Utilities, and Communications Committee would investigate and review the process used by a California utility to cut power to more than 2 million people. The article identifies PG&E as having cut power to customers the previous week.
2019
PG&E rejects San Francisco's acquisition offer
PG&E rejected San Francisco's $2.5 billion acquisition offer. Its CEO said the offer substantially undervalued the assets and was not in the best interests of the company's customers.
2019
PG&E apologizes for wine tasting event timing
PG&E apologized for holding a wine tasting event in Sonoma on the second anniversary of the 2017 North Bay wildfires, calling the timing and location insensitive. The company said it would no longer hold such events.
2019
PG&E CEO apologizes for client winery party before blackouts
PG&E Corp. CEO Bill Johnson issued a public apology for a company party held for major clients at a Northern California winery shortly before the blackouts. He described the party as a colossal mistake in poor taste and promised it would not happen again.