PG&E Reports $7.7B Loss in 2019, Pledges to Meet June Bankruptcy Deadline

Greentech Media
By info@greentechmedia.comFeb 18, 2020, 2:08 pm191 pts
Northern California utility Pacific Gas & Electric on Tuesday reported a $3.6 billion loss in the fourth quarter and a $7.7 billion loss for 2019, weighed down by continued costs and charges related to the wildfires that drove it into bankruptcy last year. But the company still expects its multi-billion…

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