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PG&E Corp (PCG.N)

PCG.N on New York Stock Exchange

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17 Jul 2019
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Sat, Jul 13 2019

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California governor signs bill for $21 billion wildfire fund

SAN FRANCISCO California Governor Gavin Newsom on Friday signed a bill approved by lawmakers a day earlier that creates a $21 billion fund to help bankrupt PG&E Corp and the state's other investor-owned utilities cover liabilities arising from future wildfires caused by their equipment.

California governor signs bill for $21 bln wildfire fund

SAN FRANCISCO, July 12 California Governor Gavin Newsom on Friday signed a bill approved by lawmakers a day earlier that creates a $21 billion fund to help bankrupt PG&E Corp and the state's other investor-owned utilities cover liabilities arising from future wildfires caused by their equipment.

California lawmakers approve legislation for $21 bln wildfire fund

SAN FRANCISCO, July 11 California lawmakers approved legislation on Thursday to create a $21 billion fund to help utilities in the state pay for claims arising from future wildfires sparked by their equipment, tackling a top issue for the state after power provider PG&E Corp filed for bankruptcy in January expecting more than $30 billion in wildfire liabilities.

California regulator considers penalty against PG&E in 2017 wildfires

California utilities regulator has opened a case to evaluate and consider penalties against power and gas utility PG&E Corp for its involvement in the fierce wildfires that killed 46 people in Northern California's wine country in 2017.

California regulator considers penalty against PG&E in 2017 wildfires

June 28 California utilities regulator has opened a case to evaluate and consider penalties against power and gas utility PG&E Corp for its involvement in the fierce wildfires that killed 46 people in Northern California's wine country in 2017.

PG&E bondholders propose bankruptcy exit plan worth up to $30 billion

SAN FRANCISCO A committee of bondholders of PG&E Corp's utility unit on Tuesday proposed a bankruptcy reorganization plan that would inject up to $30 billion (£23.6 billion) to help the California power provider emerge from Chapter 11 and pay off its liability from wildfires.

PG&E bondholders propose bankruptcy exit plan worth up to $30 bln

SAN FRANCISCO A committee of bondholders of PG&E Corp's utility unit on Tuesday proposed a bankruptcy reorganization plan that would inject up to $30 billion to help the California power provider emerge from Chapter 11 and pay off its liability from wildfires.

UPDATE 4-PG&E bondholders propose bankruptcy exit plan worth up to $30 bln

SAN FRANCISCO, June 25 A committee of bondholders of PG&E Corp's utility unit on Tuesday proposed a bankruptcy reorganization plan that would inject up to $30 billion to help the California power provider emerge from Chapter 11 and pay off its liability from wildfires.

PG&E bondholders propose competing bankruptcy plan

June 25 A committee of bondholders of PG&E Corp's utility unit on Tuesday proposed filing a bankruptcy reorganization plan that would inject up to $30 billion, primarily equity, to help the California utility emerge from Chapter 11 and address liability from wildfires.

PG&E to float $31 billion restructuring plan - Bloomberg

Power producer PG&E Corp will propose a $31 billion (£24.3 billion) bankruptcy restructuring plan that will include two funds worth a total of $34 billion to cover past and future wildfire claims, Bloomberg reported https://twitter.com/scottdeveau/status/1142117995680030720 on Friday.

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