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February 19, 2026

Pacific Gas and Electric (PG&E)

UPDATED: Attorneys Clash over PG&E Reorg, Blackouts Resume
Attorneys in the PG&E (NYSE:PCG) bankruptcy case sparred over the merits of their competing reorganization proposals, taking potshots at each other’s plans.
PG&E Says Blackouts Will Continue
PG&E told regulators its public safety power shutoffs could continue for another decade, and is making plans to turn off electricity if and when necessary.
SCE Suspected in Fire, PG&E Says Shutoffs Worked
SoCal Edison came under increasing scrutiny for its possible role in starting the Saddleridge Fire, while PG&E defended its public safety power shutoffs.
PG&E Restores Power amid Backlash
PG&E restored power to 738,000 customers after its public safety power shutoffs prompted a backlash from the public, state regulators and elected officials.
CPUC Orders Changes to PG&E Shutoff Rules
California officials ordered changes to PG&E's precautionary power shutoff rules and demanded refunds for customers affected by last week's blackouts.
Calif. Regulators Bash PG&E’s Power Shutoffs
As roughly 600,000 Pacific Gas and Electric customers remained without power, the president of the California PUC called the situation “unacceptable.”
UPDATE: Judge Admits Takeover Plan as PG&E Starts Blackouts
PG&E shut down power to large swaths of its Northern California service territory, citing gusty winds that could cause utility-sparked conflagrations.
PG&E Announces Massive Shutdown to Prevent Wildfires
The escalating battle between bondholders and shareholders to control PG&E (NYSE:PCG) when it exits bankruptcy played out before Judge Dennis Montali.
Fearing Wildfires, PG&E to Cut Power to 800,000
PG&E [NYSE:PCG] will cut power to 800,000 customers in 34 northern counties beginning Wednesday morning to reduce wildfire risk during a severe wind event.
California Governor Signs Electricity, Wildfire Bills
California Gov. Gavin Newsom signed two dozen bills dealing with wildfire prevention and affecting the state’s electricity providers.

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