PG&E Co. reaches long-term agreements with 131 QFs

Under the terms of the agreements, Pacific Gas and Electric Company will assume the QF contracts. The company will pay the pre-petition debt on these 131 QF contracts – totaling $740 million – on the effective date of the plan of reorganization. The total amount the company owed to QFs when it filed for Chapter 11 was approximately $1 billion.


By Ann de Rouffignac
OGJ Online

Previous articleElectric utilities fall short on infrastructure investment
Next articleFPL Energy Services offers power surge protection
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.

No posts to display