|

Chapter 11


PG&E Seeking $14 Billion in Restructuring Plan

Pacific Gas & Electric (PG&E) reportedly will soon file a restructuring plan that includes more than $14 billion in equity commitments, as the utility looks to recover from billions of…


PG&E Asks Bankruptcy Judge to Back Restructured Power Deals

California utility Pacific Gas & Electric (PG&E) has asked the judge overseeing its bankruptcy case to support restructured deals with some of the utility’s power suppliers in an effort to…


PG&E Files for Bankruptcy, Prepares to Reorganize

California utility Pacific Gas and Electric (PG&E) filed for Chapter 11 bankruptcy on Jan. 29, as the company faces as much as $30 billion in potential liabilities for its role…


PG&E Says It Will File Chapter 11 Bankruptcy

California utility PG&E Corp. on Jan. 14 gave its workers the state-required 15-day advance notice of its intent to file a Chapter 11 bankruptcy. The company on Monday said its…


NRG Poised to Relinquish Debt-Laden GenOn to Creditors

Under a proposed restructuring agreement, NRG Energy will hand over 100% equity of GenOn Energy, a wholesale generation company it acquired in a $1.7 billion deal in 2012, to the…