Bankruptcy

Energy

PG&E Corp preparing $11 billion debt financing: investor

 California utility PG&E Corp is preparing an $11 billion debt-financing package as it prepares to exit from its bankruptcy, an investor involved with the company's funding plan said on Friday, sending its shares up more than 12 percent

Energy

PG&E critics urge judge to reject utility's bankruptcy plan

Pacific Gas & Electric's proposal to pay $25.5 billion for a series of deadly Northern California wildfires ignited by its equipment faced a final barrage of resistance from critics Thursday, who told a federal judge that the plan will do more to enrich savvy investors than help fire victims rebuild their lives.