Featured in Sunsetting FITs spell new dawn – 02-2019

PG&E’s bankruptcy saga has just begun

Pacific Gas and Electric Company’s bankruptcy has already led to a number of questions, not only about the future of renewable energy contracts that it holds but also its own future and the future of utilities in general.
Image: Sarah Swenty/USFWS

California utility Pacific Gas & Electric Company (PG&E) filed for Chapter 11 bankruptcy on January 29. But by the time the filing was actually made, a series of developments was underway that had been set in motion weeks before.Even before the company gave formal notice that it would file on January 14, rumors had already …

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