Tag: bankruptcy

Electric Utility, Public Utilities

‘Absolute lack of preparation:’ PG&E sued over 2019 fire weeks after bankruptcy exit

July 16, 2020

Via: Utility Dive

PG&E emerged from Chapter 11 bankruptcy July 1, after committing to a $25.5 billion payout to resolve liabilities stemming from a series of wildfires caused by its power lines between 2015 and 2018. But experts have noted that it still […]

Electric Utility, Public Utilities

California Regulator Sets Terms for PG&E to Exit Bankruptcy

April 21, 2020

Via: Greentech Media

California regulators have proposed conditions for Pacific Gas & Electric to win state approval to exit bankruptcy and access a state wildfire insurance fund seen as critical for its future financial stability. Among those demands: PG&E must subject itself to […]

Basic Services, Civil Service, Electric Utility, Public Utilities

CPUC’s $2.1B wildfire fine could derail bankruptcy exit financing commitments: PG&E

March 20, 2020

Via: Utility Dive

The CPUC last year opened a proceeding to investigate a series of alleged violations that PG&E committed in relation to the 2017 and 2018 Northern California wildfires, ranging from failing to trim trees around its power lines to inadequately inspecting […]

Electric Utility, Public Utilities

PG&E Wins Court Approval for $23B Bankruptcy Plan As Coronavirus Roils Markets

March 17, 2020

Via: Greentech Media

Pacific Gas & Electric on Monday won court approval for its $23 billion plan to emerge from bankruptcy by midsummer, after California Gov. Gavin Newsom agreed to drop his opposition to it in the face of plunging stock markets and […]

Public Utilities, Waste Management

Second-largest E-waste Recycler in Oregon Shuts Down

July 10, 2018

Via: Waste360

ECS Refining, the second-largest e-waste recycler in the State of Oregon, shut down after a forced liquidation in bankruptcy court on July 2. ECS had been handling 41 percent of the material collected through the Oregon E Cycles program and […]