utility caused wildfire News

The warning couldn’t have been clearer. As PG&E Corp. plunged into bankruptcy last month, S&P Global Ratings slashed credit grades almost to junk status for California’s two other big electric utilities, owned by Sempra Energy and Edison International, and said …

Edison International and PG&E Corp. may face lawsuits as soon as this week blaming them for the fires raging through communities in southern and northern California. Each utility has reported disturbances to its equipment close to the starting points of …