California Gov. Gavin Newsom is threatening to block PG&E's plan to exit bankruptcy unless it makes changes to its current proposal
California Gov. Gavin Newsom is demanding changes to PG&E Corp.’s plan to pay wildfire victims and exit bankruptcy, saying the company’s current proposal “falls woefully short” of a law outlining requirements that would allow the utility to receive state assistance.
In a letter Friday to PG&E, the Democratic governor said the company’s plan “fails to address most of the issues we previously raised,” including a transformed corporate board and sufficient financial stability to make major safety investments.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
California governor rejects PG&E bankruptcy reorganization planCalifornia Governor Gavin Newsom on Friday rejected the bankruptcy reorganizatio...
Leer más »
California power producer PG&E files amended reorganization planCalifornia power producer PG&E Corp said late on Thursday that it has filed for ...
Leer más »
What would a UK Conservative majority government do?What would a UK Conservative Party majority government do? Live blog of GE2019 results:
Leer más »
At least 25 injured in German apartment block blast: policeAt least 25 people were injured in an explosion in an apartment block in the eas...
Leer más »