PG&E Corp, a power producer, stated, it has won an approval from a bankruptcy court to use up to $23 billion in financing after California Governor Gavin Newsom dropped his opposition to those financing commitments. According to its filing, the… Read More ›
PG&E Corp
PG&E Corp asks court approval for setting up $105 million wildfires victims fund
PG&E Corp is of the opinion that authorities are likely to conclude that the November forest fire, California’s most destructive and deadliest fire of modern times, was sparked by its equipment. In a filing in U.S. Bankruptcy Court in San… Read More ›
PG&E Corp appoints Nora Mead Brownell as its chairman
Along with Nora Mead Brownell’s appointment, PG&E Corp added several others to its board. These new addition to its board come in the wake of an ongoing battle with shareholder BlueMountain Capital Management LLC as well as crushing liabilities from… Read More ›