PG&E exits bankruptcy, pays $5 billion into wildfire fund [Toronto Globe and Mail (Ontario, Canada)]
Pacific Gas & Electric Co. (PCG)
Last pacific gas & electric co. earnings: 5/1 08:21 am
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Source: Toronto Globe and Mail
PG&E exits bankruptcy, pays $5 billion into wildfire fund In this Nov. 15, 2018, aerial file photo, rubble remains after residences were leveled by the Camp wildfire in Paradise, Calif. The Associated Press In this Nov. 15, 2018, aerial file photo, rubble remains after residences were leveled by the Camp wildfire in Paradise, Calif. Pacific Gas & Electric has emerged from a contentious bankruptcy saga that began after its long-neglected electrical grid ignited wildfires in California that killed more than 100 people. The nation’s largest utility announced Wednesday it emerged from Chapter 11 bankruptcy and paid $5.4 billion in initial funds and 22.19% of its stock into a trust for victims of wildfires caused by its outdated equipment. “This is an important milestone, but our work is far from over,” Bill Smith, PG&E interim chief executive officer, said in a statement. “Our emergence from Chapter 11 marks just the beginning of PG&E’s next era – as a fundamentally improved company an
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News
- Nearly 5,000 Nonprofits and Schools Benefit from Charitable Contributions from PG&E and The PG&E Corporation Foundation [Yahoo! Finance]Yahoo! Finance
- Nearly 5,000 Nonprofits and Schools Benefit from Charitable Contributions from PG&E and The PG&E Corporation FoundationPR Newswire
- PG&E, Edison, California Apply for $2 Billion US Grid Grant [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Statewide Partnership Aims to Deliver More Clean Energy Faster to Californians and Support State Climate GoalsPR Newswire
- What Young Employees In The Construction Trades Need To Know Now [Forbes]Forbes
PCG
Earnings
- 2/22/24 - Beat
PCG
Sec Filings
- 4/4/24 - Form ARS
- 4/4/24 - Form DEFA14A
- 4/4/24 - Form DEF
- PCG's page on the SEC website