Michele Kearney's Nuclear Wire - Major Energy and Environmental News and Commentary affecting the Nuclear Industry. Nuclear Activities
Thursday, March 28, 2019
Judge OKs $5.5B Loan Package for Embattled Utility
Judge OKs $5.5B Loan Package for Embattled Utility: Embattled utility giant Pacific Gas and Electric won approval to take out $5.5 billion in loans at a bankruptcy hearing Wednesday, despite objections that a default would give big banks control over PG&E's assets to the detriment of wildfire victims and other claimants.
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