PG&E Reiterates Commitment to Its Plan of Reorganization; Is Confident that Its Plan Is the Best Solution for All Constituencies
Pacific Gas & Electric Co. (PCG)
Last pacific gas & electric co. earnings: 5/1 08:21 am
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finance.yahoo.com/quote/pg
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Source: Business Wire
PG&E’s Plan Is Confirmable, Fully Funded, and Treats All Stakeholders Fairly SAN FRANCISCO,--(BUSINESS WIRE)--PG&E Corporation and Pacific Gas and Electric Company (together, “PG&E”) today reiterated the key features of PG&E’s fully funded Plan of Reorganization. The Plan, which is the product of extensive negotiations, treats all stakeholders fairly, protects customers, will satisfy all wildfire claims in full, and presents a viable path for PG&E to achieve regulatory approval and confirmation of its Plan in advance of the June 30, 2020 statutory deadline. By resolving the Chapter 11 prior to the end of June 2020, PG&E will be able to participate in the state’s new go-forward wildfire fund established under Assembly Bill 1054.PG&E is confident that its Plan charts the best course for its emergence as a financially sound utility positioned to serve its customers and contribute to California’s clean energy future.Crucially, PG&E’s Plan complies with all requirements of the Bankruptc
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PCG
Earnings
- 2/22/24 - Beat
PCG
Sec Filings
- 3/19/24 - Form 4
- 3/19/24 - Form 4
- 3/5/24 - Form 4
- PCG's page on the SEC website