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July 06, 2022

PG&E Says It Will File Bankruptcy, as CEO Steps Down

Jan 14, 2019
Hudson Sangree
CAISO/WEIM / Company News / California
By Hudson Sangree PG&E Corp. and its subsidiary Pacific Gas and Electric will file for federal bankruptcy protection by Jan. 29, the companies announced Monday, capping a tumultuous week in which PG&E’s stock price plummeted and its credit rating was downgraded to junk status by two major ratings firm. A...

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