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Gavin Newsom


PG&E Seeking $14 Billion in Restructuring Plan

Pacific Gas & Electric (PG&E) reportedly will soon file a restructuring plan that includes more than $14 billion in equity commitments, as the utility looks to recover from billions of…


California Governor Wants ‘Strike Team’ to Develop Utility Plan

California Governor Gavin Newsom on February 12 said the state has formed a “strike team” as it works to develop plans to help not only utility ratepayers but also utility…


Reports: PG&E Prepared to File Bankruptcy in Wake of Wildfires

Reports on Jan. 13 said giant California utility PG&E Corp. could notify its workers as soon as Jan. 14 that it’s preparing to file for bankruptcy. Bloomberg on Sunday said…