wildfire fund – Thinking Port

PG&E’s Reorganization Plan—Cap Wildfire Liabilities at $18 Billion

September 9, 2019 admin bankruptcy, Business, California, Coal, courts, elliott corp., Gas, investors, Legal & Regulatory, Legislative, news, Nuclear, PG&E, pimco, Renewables, san francisco, wildfire fund, Wildfires

Credit to Author: Darrell Proctor| Date: Tue, 10 Sep 2019 00:03:33 +0000

The post PG&E’s Reorganization Plan—Cap Wildfire Liabilities at $18 Billion appeared first on POWER Magazine.

Pacific Gas & Electric (PG&E) wants to cap its liabilities from damages caused by California wildfires at about $18 billion, according to the reorganization plan filed by the bankrupt utility September 9 in federal court in San Francisco. The amount is less than half what creditors, including insurance companies and wildfire victims, say they are […]

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Magazines

PG&E Seeking $14 Billion in Restructuring Plan

September 5, 2019 admin bankruptcy, bill johnson, Business, California, Chapter 11, Coal, Gas, gavin newsom, geisha williams, Legal & Regulatory, Legislative, news, Nuclear, PG&E, Renewables, wildfire fund, Wildfires

Credit to Author: Darrell Proctor| Date: Thu, 05 Sep 2019 18:52:37 +0000

The post PG&E Seeking $14 Billion in Restructuring Plan appeared first on POWER Magazine.

Pacific Gas & Electric (PG&E) reportedly will soon file a restructuring plan that includes more than $14 billion in equity commitments, as the utility looks to recover from billions of dollars in liabilities tied to its role in California wildfires that caused the company to file the largest utility bankruptcy in U.S. history. Bloomberg on […]

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