Tuesday, 11 May 2021

Tag Archives: PG&E

California wildfire threatens PG&E’s plan to raise $14bn

SAN FRANCISCO: A wildfire raging in California threatens to destroy more than homes and businesses – it could also undermine bankrupt PG&E Corp’s plan to raise $14 billion to finance the crisis-stricken utility’s turnaround plan. If the fire becomes large enough, investors could walk away from their commitment to finance ...

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