PG&E provides new details on restructuring plan ahead of bankruptcy hearing

Utility Dive: PG&E said in its filing that it would participate in the wildfire fund provided in the newly-enacted legislation, AB 1054. The bill created conditions for PG&E to participate in the fund, giving the utility a June 30, 2020, deadline to have a confirmed plan for reorganization.

The bankruptcy judge is aware of this and will be working on how the parties can get there, according to Foss.

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