Company News
PG&E Corp. and its primary operating unit, Pacific Gas and Electric, filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code.
NextEra Energy’s quarterly and year-end earnings surpassed those of 2017 but came up short of analysts’ quarterly expectations.
California fire investigators said Pacific Gas and Electric was not responsible for the Tubbs Fire, a blaze that leveled parts of Santa Rosa in 2017.
American Electric Power (NYSE:AEP) reported strong 4th quarter and year-end earnings in line with analysts’ expectations and expect it to continue in 2019.
Texas regulators agreed to let state lawmakers help them determine who will own energy storage devices in the ERCOT market.
CAISO participants and companies that do business with Pacific Gas and Electric could end up paying a hefty price for the utility’s financial collapse.
FERC ordered hearing and settlement procedures on a complaint by the Louisiana PSC alleging its ratepayers are being overcharged by an Entergy subsidiary.
PG&E Corp. and its subsidiary Pacific Gas and Electric will file for federal bankruptcy protection by Jan. 29, the companies announced.
Concern about Pacific Gas and Electric’s financial meltdown has spread as CAISO addressed worries about the utility’s potential to default on its payments.
The California PUC began implementing wildfire cost recovery provisions, as protesters argued against any effort to bailout PG&E for the deadly wildfires.
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