PNC Financial Services Group Inc. Has $616,000 Position in PG&E Co. (NYSE:PCG)

Saturday, 3 June 2023, 19:04:01
PNC Financial Services Group Inc. raised … shares during the period. PNC Financial Services Group Inc.’s holdings … during the period. Finally, Massachusetts Financial Services Co. MA grew its … in the 3rd quarter. Massachusetts Financial Services Co. MA now owns …
— EIN News Finance

The reckoning that wasn’t: how the largest US power firm avoided a trial for a deadly wildfire

Saturday, 3 June 2023, 19:00:36
Families of victims who died in the 2020 Zogg fire hoped to hold PG&E accountable, but as it has done before, the company agreed to a settlement It was supposed to be a public reckoning. On Tuesday, America’s largest utility was set to go on trial in an effort to hold it accountable for sparking a wildfire that claimed the lives of four people. Family members of the victims of the 2020 Zogg fire planned to face PG&E executives as the company stood trial in a northern California courtroom on manslaughter charges. Continue reading…
— The Guardian

PG&E”s plan to spin off 5.6 GW ahead of possible stake sale OK”d by FERC

Friday, 2 June 2023, 19:12:04
The Federal Energy Regulatory Commission approved PG&E”s (PCG) proposal to transfer 5.6 GW of non-nuclear generating assets to a new subsidiary ahead of the sale of a 49.9% stake.
— Seeking Alpha

PG&E agrees to $50 million settlement to drop criminal charges related to deadly 2020 Zogg Fire, district attorney says

Thursday, 1 June 2023, 18:26:24
The Shasta County District Attorney”s Office dropped criminal charges against Pacific Gas and Electric Company in relation to the deadly 2020 Zogg Fire in California after the company agreed to pay $50 million and to follow certain commitments, the district attorney”s office announced in a news conference Wednesday.
— CNN

PG&E to contribute $45M in Zogg Fire settlement with Shasta County

Thursday, 1 June 2023, 15:26:13
West Coast utility giant PG&E announced on Wednesday that it reached a settlement with the Shasta County, Calif., attorney general”s office concerning the deadly 2020 Zogg Fire.
— United Press International