PG&E Corp

PCG: XNYS (USA)
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PG&E To Benefit From California's Clean Energy Policies

Business Strategy and Outlook

PG&E emerged from bankruptcy in July 2020 after 17 months of negotiations with 2017-18 Northern California fire victims, insurance companies, politicians, lawyers, and bondholders. Shareholders lost some $30 billion in settlements, fines, and costs but retained control of the company. Bondholders were mostly made whole.

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