UPDATE 2-California governor rejects PG&E bankruptcy reorganization plan
California Governor Gavin Newsom on
Friday rejected a bankruptcy reorganization plan submitted by
PG&E Corp, the state’s largest investor-owned utility,
saying its proposal fails to meet the requirements of a recently
enacted wildfire law.
Friday rejected a bankruptcy reorganization plan submitted by
PG&E Corp, the state’s largest investor-owned utility,
saying its proposal fails to meet the requirements of a recently
enacted wildfire law.
Posted by Reuters
