In a letter Friday to PG&E, the Democratic governor said the company’s plan “fails to address most of the issues we previously raised,” including a transformed corporate board and sufficient financial stability to make major safety investments. PG&E has until Tuesday to respond and make changes to the plan, under a deal it struck last week to settle claims with wildfire victims for $13.5 billion . “For too long, PG&E has been mismanaged, failed to make adequate investments in fire safety and fire prevention, and neglected critical infrastructure,” Mr. Newsom said in the letter. “PG&E has simply violated the public trust.” The current plan put forth by PG&E would result in a “company that, in my judgment, will not be positioned to provide safe, reliable, and affordable electric service,” he added. PG&E said in a statement that it believed its plan met state law and was “the best course […]