PG&E Corporation and Pacific Gas and Electric Company, together PG&E, submitted regulatory and court filings outlining the key elements of the company’s updated Chapter 11 Plan of Reorganization.
PG&E submitted testimony in the California Public Utilities Commission (CPUC) Plan of Reorganization proceeding and filed its updated plan with the Bankruptcy Court.
Based on these filings, PG&E remains on track to have its Chapter 11 Plan confirmed by June 30, 2020, the deadline for participating in the state’s new go-forward wildfire fund. Upon emergence from Chapter 11, PG&E will be a financially stable company positioned to continue prioritizing safe operations and customer focus while meeting California’s energy needs and clean energy goals in a changed climate.
