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September 27, 2021

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
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...
RTO Insider Company News Public Policy FERC & Federal State & Regional California

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