NewsCalifornia News

Actions

Judge OKs $58B plan to end PG&E bankruptcy after wildfires

PG&E HEADQUARTERS
Posted
and last updated

SAN FRANCISCO, Calif. — (AP) — A U.S. judge has approved Pacific Gas & Electric’s $58 billion plan to end its contentious bankruptcy.

The nation’s largest utility had faced dozens of lawsuits after its outdated equipment ignited a series of wildfires in California that killed more than 100 people and wiped out entire towns.

Friday's decision clears the way for the nation’s largest utility to pay $25.5 billion for losses from devastating fires in 2017 and 2018.

The settlements negotiated during the 17-month bankruptcy case include $13.5 billion earmarked for more than 80,000 people who lost family, homes and other property in the fires.

,

Weather

Daily Forecast

View Hourly Forecast

Day

Conditions

HI / LO

Precip

Monday

06/01/2026

Mostly Clear

-° / 65°

0%

Tuesday

06/02/2026

Mostly Clear

96° / 65°

0%

Wednesday

06/03/2026

Clear

98° / 65°

0%

Thursday

06/04/2026

Clear

96° / 69°

0%

Friday

06/05/2026

Mostly Clear

99° / 69°

0%

Saturday

06/06/2026

Clear

93° / 63°

0%

Sunday

06/07/2026

Clear

87° / 61°

0%

Monday

06/08/2026

Mostly Clear

87° / 62°

0%