PG&E Disagrees With WSJ Story Over Power Line Upgrades
- Utility was also ordered to explain dividends, contributions
- Bankrupt California company remains under criminal probe
Pacific Gas & Electric Co. (PG&E) transformers and power lines stand in Nevada City, California.
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
PG&E Corp. told a judge it “strongly disagrees” with a Wall Street Journal story suggesting that the utility knew its equipment near the ignition point of California’s deadliest wildfire badly needed upgrades and nonetheless deferred maintenance.
The company’s response, filed Wednesday, was ordered this month by a federal judge who demanded a “fresh, forthright statement owning up to” the accuracy of the article.