PG&E CEO says company coordinating with PUC and Assembly on wildfire relief special session
FROM THE WIRE · FINANCE.YAHOO.COM
SACRAMENTO, Calif., Oct. 22, 2026 /PRNewswire/ -- PG&E's Chief Executive Officer Patty Poppe told investors on an earnings call today that she expects that a Public Utilities Commission (PUC) report due out November 1st and Assembly hearings next week to make the case for a…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe debate over wildfire liability and public relief can weigh on PG&E shares and California's regulatory outlook.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01CEO Patty Poppe said a PUC report due November 1 and Assembly hearings are expected next week.
- 02PG&E sent letters to 25,000 customers warning that new hookups would be delayed without changes to wildfire liability laws.
- 03Consumer Watchdog called the tactic bailout blackmail and asked the PUC to investigate its legality.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets