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PG&E Bankruptcy

PG&E filed for Chapter 11 protection in January. It is not yet clear what will happen with the power purchase agreements for renewable energy the company has struck, but the situation is undoubtedly causing distress.

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PG&E sees bankruptcy exit after USD-5.15bn equity raise

PG&E sees bankruptcy exit after USD-5.15bn equity raise

26-06-2020
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"It is critical for PPA counterparties to be active participants in a potential PG&E bankruptcy in order to preserve and enforce their rights so as to maximize the value of their PPAs and ultimate monetary recovery."

James Van Horn, bankruptcy attorney
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