Exclusive: PG&E in talks with banks on multibillion bankruptcy financing - sources
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PG&E's Bankruptcy Was Predictable And Could Have Been Prevented With Distributed AssetsWildfires may be the immediate cause of PG&E’s bankruptcy but an outdated regulatory system is also a factor. As such, PG&E’s financial and legal woes could have been mitigated not just by having better oversight but also by making more investments in distributed generation and delivery.
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PG&E said to be talking to banks on massive bankruptcy financingPG&E is in discussions with investment banks about a multibillion-dollar financing package to help navigate bankruptcy proceedings.
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California's biggest gas and power company is in multibillion-dollar bankruptcy talks after last year's devastating California wildfiresCalifornia's largest utility, PG&E Corp, is considering bankruptcy after the state's destructive wildfires last year.
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