Breaking News: Pacific Gas & Electric Co. files for Chapter 11 reorganization

The company said it is taking this action in light of its unreimbursed energy costs which are now increasing by more than $300 million per month, continuing CPUC decisions that economically disadvantage the company, and the now unmistakable fact that negotiations with Governor Gray Davis and his representatives are going nowhere.


By the OGJ Online Staff

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The Clarion Energy Content Team is made up of editors from various publications, including POWERGRID International, Power Engineering, Renewable Energy World, Hydro Review, Smart Energy International, and Power Engineering International. Contact the content lead for this publication at Jennifer.Runyon@ClarionEvents.com.

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