Michele Kearney's Nuclear Wire
Major Energy and Environmental News and Commentary affecting the Nuclear Industry.
Tuesday, June 25, 2019
PG&E bondholders propose bankruptcy reorganization plan worth up to $30 billion - Reuters
PG&E bondholders propose bankruptcy reorganization plan worth up to $30 billion - Reuters: 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, primarily equity, to help the California power provider emerge from Chapter 11 and address its liability from wildfires.
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