PG&E Wins Court Approval for $23B Bankruptcy Financing Plan As Coronavirus Roils Markets

Greentech Media
By info@greentechmedia.comMar 17, 2020, 1:09 pm148 pts
Pacific Gas & Electric on Monday won court approval for its $23 billion plan to emerge from bankruptcy by mid-summer, after California Gov. Gavin Newsom agreed to drop his opposition to it in the face of plunging stock markets and the economic impacts of the coronavirus. In a Monday telephone hearing, U.S.…

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