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July 02, 2022

Judge OKs PG&E’s $23B Plan to Exit Bankruptcy

Governor Drops Objection to Billions in New Debt amid Pandemic

Mar 16, 2020
Hudson Sangree
Company News / FERC & Federal / California
By Hudson Sangree Pacific Gas and Electric won approval Monday for its plan to issue $12 billion in new stock and to take on $11 billion in new debt to get out of bankruptcy, after California Gov. Gavin Newsom dropped his objection to the exit financing strategy in the face...

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