PG&E Reaches Agreement With Governor, Clearing Big Hurdle
The troubled California utility is agreeing to limit payouts to shareholders to satisfy Gov. Gavin Newsom in its effort to emerge from bankruptcy and qualify for a state wildfire fund. [Source]
Publication Date:Origin: nytimes.com
Category: Wildfires
Topics: wildfire, state, qualify, bankruptcy, emerge, effort, Newsom, Gavin, satisfy, shareholders, payouts, limit, agreeing, utility, California, troubled, Hurdle, Clearing, Governor, Agreement, Reaches
Source: https://www.nytimes.com/2020/03/20/business/energy-environment/pge-deal-gavin-newsom-california.html