PG&E cleared another hurdle in its bid to exit bankruptcy but the latest comes with a caveat: the state or a third-party bidder could buy the utility.

PG&E won approval for its bankruptcy exit plan, after Gov. Gavin Newsom dropped his objection in the face of the pandemic-caused stock market meltdown.

FERC said it won’t rehear a case on whether Pacific Gas and Electric deserves a $30 million annual incentive adder for staying in CAISO.

FEMA dropped its claim to a chunk of the $13.5 billion trust PG&E plans to fund for wildfire victims, removing an obstacle to its exit from bankruptcy.

PG&E's bankruptcy could reach another milestone as the utility tries to explain its Chapter 11 reorganization proposal to fire victims and other parties.

FERC denied multiple requests for rehearing and clarification of Orders 860 and 861, which concerned reporting requirements and screens for MBR sellers.

California PUC President Marybel Batjer receivership may be necessary if PG&E can’t provide safe service once it exits bankruptcy.

PG&E reported multibillion-dollar losses in its quarterly and annual reports but expects sustainable financial performance after it emerges from reorganization.

California lawmakers have drafted a spate of bills since early January aimed at correcting perceived wrongs by PG&E and other investor-owned utilities.

The countdown is on for P&GE's bankruptcy exit, which needs to happen for the utility to participate in an insurance fund to protect it from liabilities.