DIAMOND FOODS: CPUC Approval of Settlement with PG&E Pending

The settlement between Diamond Foods, Inc. and PG&E resolving the breach of contract dispute stemming from the Company’s decision to cease operating its cogeneration facility is subject to approval by the California Public Utilities Commission.

PG&E’s complaint filed on Feb. 3,…

SEMPRA ENERGY: Draft Decision in Allocation Proceeding Pending

A draft decision is expected by year-end 2008 on the remaining issues in the Biennial Cost Allocation Proceeding, involving Sempra Energy’s subsidiaries, Southern California Gas Company, San Diego Gas & Electric Company and Southern California Edison.

In August 2006, SoCalGas, SDG&E…

SEMPRA ENERGY: SoCalGas, SDG&E General Rate Cases Okayed in July

The California Public Utilities Commission, in July 2008, issued a final decision in regard to the 2008 general rate cases by Sempra Energy’s subsidiaries, Southern California Gas Company and San Diego Gas & Electric Company.

The decision adopted the test-year…

SEMPRA ENERGY: Expects CPUC Report on San Diego Wildfires in 3Q

Sempra Energy, in its Form 10-Q dated Aug. 7, 2008, disclosed that the California Public Utilities Commission’s Consumer Protection and Safety Division is expected to issue a report in the third quarter of 2008, on the San Diego County wildfires.

In…

SEMPRA ENERGY: Supreme Court Upheld FERC Ruling Last June 2008

The U.S. Supreme Court, in June 2008, ruled that the Federal Energy Regulatory Commission was correct to apply the Mobile- Sierra doctrine absent a demonstration that one of the contracting parties’ unlawful manipulation of the market directly affected the rates.

According…