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Archives for June 2019

Opinion: PG&E Needs New Money, Not New Obligations (via Bloomberg)

June 27, 2019

Five months in, and with the most acute period of California’s wildfire season beginning, the question is how to get PG&E out of court as quickly as possible.

July Meeting Date Change for Stockton Clerical Unit

June 26, 2019

Unit #2509, Stockton Clerical, has rescheduled its July unit meeting to July 8. The time and location will remain the same. –Eddie Moreno, IBEW 1245 Business Rep

IBEW 1245 Responds to News of PG&E Restructuring Plan Proposed by Lenders

June 25, 2019

In response to the news that broke today regarding a PG&E restructuring plan being proposed by an ad-hoc committee of lenders, IBEW 1245 Business Manager Tom Dalzell issued the following statement: “We will give serious consideration to any restructuring plan that improves safety, compensates fire victims, continues the transition to a green economy and protects… [Read More]

PG&E lenders offer $30 billion — and a new name to rebrand tarnished utility (via Sacramento Bee)

June 25, 2019

PG&E Corp.’s key lenders offered a $30 billion plan Tuesday to compensate wildfire victims, pull the utility out of bankruptcy — and give the tarnished company a new name.

2019 Union Election Results

June 25, 2019

Executive Board, Officers and Examining Board PRESIDENT AND DELEGATE TO THE INTERNATIONAL CONVENTION OF THE IBEW Cecelia De La Torre 807 Cloudell Douglas Jr 301 Michael Scafani 623 VICE PRESIDENT James “Hammer” Hayes 713 Nathan Datus 221 Kevin Krummes 496 Carl “CO” Olguin 234 RECORDING SECRETARY Rachel Ramirez 869 Sonia Brum 275 Mona McCarthy 495… [Read More]

GE shuts down California power plant 20 years early (via MSN Money)

June 25, 2019

The gas-fired plant opened in 2009. Similar plants have an expected life span of about 30 years, but GE has decided to close this one after just 10 years of operation.

PG&E Creditors Push for Rival Pimco-Led Restructuring Plan (via Bloomberg)

June 25, 2019

An ad hoc committee of unsecured lenders filed a motion to terminate the period of exclusivity that PG&E has to file a plan for emerging from Chapter 11, according to a court filing Tuesday. That period ends on Sept 26. While it is in effect nobody else can submit a reorganization plan.

Dylan Gottfried Joins IBEW 1245 Staff

June 24, 2019

IBEW 1245 welcomed its newest Assistant Business Manager, Dylan Gottfried, to the union staff in June. Gottfried has over 25 years of experience working with and managing union-represented employees. At 1245, he will be working with business reps and members at 1245’s public- and private-sector properties. Before joining the union staff, Gottfried worked at PG&E… [Read More]

Reno-Sparks Retirees Club Donates Fans to Needy Seniors

June 24, 2019

In the Reno-Sparks, Nevada area, triple-digit temperatures in late summer aren’t uncommon. Unfortunately, many seniors simply cannot afford to pay for air conditioning, and the sweltering heat makes summertime uncomfortable and potentially life-threatening for low-income seniors. Four years ago, IBEW Local 1245 Reno-Sparks Retirees Club President Ron Borst challenged the members of his club to… [Read More]

Letter Agreement 19-14: Update JDLOP for GC Gas

June 24, 2019

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