PG&E’s $23bn bankruptcy financing package approved after governor drops opposition
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PG&E’s $23bn bankruptcy financing package approved after governor drops opposition

Suliman Mulhem
18 March 2020
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A court has approved a proposal to raise $23bn for Pacific Gas & Electric (PG&E) to help the utility company pay compensation for the role it played in the 2018 California wildfires.

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Topics

NewsCatastrophe lossesWildfireRegulation
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