BRIEF-Pg&E Says Number Of Safety Issues Identified Through Inspections In High-Fire Threat Areas Is "Unacceptable"

PG&E Corp: * PG&E PROVIDES UPDATE ON ENHANCED SAFETY INSPECTIONS AND REPAIRS MADE TO ELECTRIC INFRASTRUCTURE IN HIGH-FIRE THREAT AREAS

* PG&E CORP - 99 PERCENT OF DISTRIBUTION ASSETS INSPECTED * PG&E CORP - 98 PERCENT OF TRANSMISSION ASSETS INSPECTED

* PG&E CORP - PG&E HAS PERMANENTLY DEENERGIZED CARIBOU-PALERMO TRANSMISSION LINE * PG&E CORP - TEN OF ELEVEN TOWERS ON IGNACIO-ALTO-SAUSALITO TRANSMISSION LINE TO BE REPLACED IN HIGH-FIRE THREAT AREAS

* PG&E CORP - PG&E HAS PERMANENTLY DEENERGIZED CARIBOU-PALERMO TRANSMISSION LINE, WHICH CAL FIRE IDENTIFIED AS AN IGNITION POINT OF CAMP FIRE * PG&E CORP - PG&E EXPECTS THAT EXPONENT WILL CONCLUDE REVIEW OVER NEXT COUPLE OF MONTHS.

* PG&E - AT REQUEST OF CPUC, CO RETAINED EXPONENT, AN INDEPENDENT CONSULTING FIRM, TO CONDUCT RECORDS-BASED REVIEW OF CARIBOU-PALERMO TRANSMISSION LINE * PG&E CORP - DURING WSIP REPAIR WORK, PG&E ALSO IDENTIFIED SEVERAL HIGH-PRIORITY ISSUES ON ONE SECTION OF IGNACIO-ALTO-SAUSALITO TRANSMISSION LINE

* PG&E CORP - PG&E HAS PROVIDED RESULTS OF INSPECTIONS TO CALIFORNIA PUBLIC UTILITIES COMMISSION * PG&E - AS OF MAY 31, CO IDENTIFIED ABOUT 53,000 CORRECTIVE ACTIONS ON TRANSMISSION STRUCTURES WITH NEARLY 100 CONDITIONS IDENTIFIED AS HIGHEST PRIORITY

* PG&E CORP - 97 PERCENT OF THE NEARLY 1,000 CONDITIONS IDENTIFIED AS HIGHEST PRIORITY ON DISTRIBUTION POLES HAVE BEEN REPAIRED OR MADE SAFE * PG&E SAYS NUMBER OF SAFETY ISSUES IDENTIFIED THROUGH INSPECTIONS OF ELECTRIC INFRASTRUCTURE IN HIGH-FIRE THREAT AREAS IS "UNACCEPTABLE" Source text for Eikon: Further company coverage: