PG&E Corp 8-K, filed Jul 17, 2020
PG&E Corp (PCG)
8-K
2020-07-17
For: 2020-07-16
View Original
Added on
April 03, 2026
About this 8-K
PG&E Corp filed this 8-K on July 17, 2020, reporting on events of July 16, 2020.
Items reported
- Item 8.01: Other events
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report: July 16, 2020
(Date of earliest event reported)
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the Act:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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Emerging growth company
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PG&E Corporation
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Emerging growth company
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Pacific Gas and Electric Company
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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised
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PG&E Corporation
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☐
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Pacific Gas and Electric Company
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Item 8.01. Other Events.
Kincade Fire
On July 16, 2020, the California Department of Forestry and Fire Protection (“Cal Fire”) issued a press release into the cause of the 2019 Kincade fire.
Cal Fire has determined that “the Kincade Fire was caused by electrical transmission lines owned and operated by Pacific Gas and Electric (PG&E) located northeast of Geyserville. Tinder dry vegetation and strong winds combined with low humidity
and warm temperatures contributed to extreme rates of fire spread.” Cal Fire also indicated that its investigative report has been forwarded to the Sonoma County District Attorney’s Office.
The 2019 Kincade fire started on October 23, 2019 at approximately 9:27 p.m. in Sonoma County, California, and consumed 77,758 acres.
In connection with the Cal Fire announcement, Pacific Gas and Electric Company issued a press release a copy of which is attached as Exhibit 99.1 to this
Current Report on Form 8-K.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
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104
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Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalf by the undersigned thereunto
duly authorized.
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PG&E CORPORATION
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Date: July 17, 2020
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By:
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/s/ JASON P. WELLS
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Name:
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Jason P. Wells | |||
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Title:
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Executive Vice President and Chief Financial Officer | |||
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PACIFIC GAS AND ELECTRIC COMPANY
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Date: July 17, 2020
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By:
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/s/ JANET C. LODUCA
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Name:
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Janet C. Loduca | |||
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Title:
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Senior Vice President and General Counsel | |||
Exhibit 99.1
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Marketing & Communications | 77 Beale Street | San Francisco, CA 94105 | 415.973.5930 | www.pge.com
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July 16, 2020
PG&E Responds to CAL FIRE’s Finding on 2019 Kincade Fire in Sonoma County
Company Remains Focused on Reducing Wildfire Risk Throughout Northern and Central California
SAN FRANCISCO, Calif. — Pacific Gas and Electric Company
(PG&E) today issued the following statement in response to the release of information by the California Department of Forestry and Fire Protection (CAL FIRE) regarding the October 2019 Kincade Fire:
We appreciate all the heroic efforts of the first responders who fought the 2019 Kincade Fire, helped local citizens evacuate and made sure no one perished in the
fire.
We are aware of CAL FIRE’s news release stating that PG&E facilities caused the fire. At this time, we do not have access to CAL FIRE’s investigative report or
the evidence it has collected. We look forward to reviewing both at the appropriate time.
We want our customers and communities to know that safety is our most important responsibility and that we are working hard every day to reduce wildfire risk
throughout our service area.
The Kincade Fire began on October 23, 2019, northeast of Geyserville in Sonoma County, Calif. On October 24, 2019, PG&E filed an Electric Incident Report with the California Public Utilities Commission (CPUC) related to the Kincade Fire.
Ongoing Work to Reduce Wildfire Risk
The wildfire safety actions and programs described in PG&E’s 2020 Wildfire Mitigation Plan detail the company’s comprehensive Community Wildfire Safety Program designed to address the growing threat of extreme weather and wildfires across PG&E’s service area. Ongoing and expanded efforts include new grid
technology, hardening of the electric system, enhanced vegetation management, and real-time monitoring and situational awareness tools such as high-definition cameras and hundreds of weather stations to better understand how severe weather can impact
the system. Key wildfire safety improvements PG&E has made in recent years are detailed here.
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Forward-Looking Statements
This news release includes forward-looking statements that are not historical facts, including statements about the beliefs, expectations, estimates, future plans and strategies of
PG&E Corporation and Pacific Gas and Electric Company, including but not limited to, statements about PG&E’s ongoing work to reduce wildfire risk. These statements are based on current expectations and assumptions, which management believes
are reasonable, and on information currently available to management, but are necessarily subject to various risks and uncertainties. In addition to the risk that these assumptions prove to be inaccurate, factors that could cause actual results to
differ materially from those contemplated by the forward-looking statements include factors disclosed in PG&E Corporation and Pacific Gas and Electric Company’s joint annual report on Form 10-K for the year ended December 31, 2019, their joint
quarterly report on Form 10-Q for the quarter ended March 31, 2020, and their subsequent reports filed with the Securities and Exchange Commission (the “SEC”), which are available on PG&E Corporation’s website at www.pgecorp.com and on the SEC website at www.sec.gov. Additional factors include, but are not limited to, those associated with the
Chapter 11 cases of PG&E Corporation and Pacific Gas and Electric Company. PG&E Corporation and Pacific Gas and Electric Company undertake no obligation to publicly update or revise any forward-looking statements, whether due to new
information, future events or otherwise, except to the extent required by law.
About PG&E
Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is one of the largest combined natural gas and electric energy companies in the
United States. Based in San Francisco, with more than 23,000 employees, the company delivers some of the nation’s cleanest energy to 16 million people in Northern and Central California. For more information, visit pge.com and pge.com/news.
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