Credit to Author: Darrell Proctor| Date: Tue, 09 May 2023 00:44:33 +0000
New York-based energy investment firm LS Power on May 8 said it has reached an agreement with Brazos Electric Power Cooperative to acquire 2,145 MW of natural gas-fired power generation […]
The post New York Group Acquiring More Than 2.1 GW of Texas Gas-Fired Capacity appeared first on POWER Magazine.
Read moreCredit to Author: Darrell Proctor| Date: Tue, 26 Nov 2019 17:47:10 +0000
The post Report: Global Coal-Fired Generation Down 3% appeared first on POWER Magazine.
A report from a UK-based online journal that covers climate and energy policy said that coal-fired power generation worldwide will fall by 3% this year, to about 54% of global electricity output. The report from Carbon Brief, released Nov. 25, was written by researchers from climate research groups including the Centre for Research on Energy […]
The post Report: Global Coal-Fired Generation Down 3% appeared first on POWER Magazine.
Read moreCredit to Author: Darrell Proctor| Date: Thu, 10 Oct 2019 01:00:21 +0000
The post Judge: Court Will Consider Rival Proposal for PG&E Reorganization appeared first on POWER Magazine.
A federal bankruptcy judge on Oct. 9 ruled that Pacific Gas & Electric (PG&E), California’s largest utility, does not have the sole right to determine the terms of its reorganization. Judge Dennis Montali said those who support a rival proposal, which was devised by a group of the utility’s creditors, can have their plan considered. […]
The post Judge: Court Will Consider Rival Proposal for PG&E Reorganization appeared first on POWER Magazine.
Read more
Credit to Author: Emma Ockerman| Date: Mon, 16 Sep 2019 17:18:15 +0000
Several states have already sued — or vowed to sue — the family directly.
Read moreCredit to Author: Darrell Proctor| Date: Tue, 10 Sep 2019 00:03:33 +0000
The post PG&E’s Reorganization Plan—Cap Wildfire Liabilities at $18 Billion appeared first on POWER Magazine.
Pacific Gas & Electric (PG&E) wants to cap its liabilities from damages caused by California wildfires at about $18 billion, according to the reorganization plan filed by the bankrupt utility September 9 in federal court in San Francisco. The amount is less than half what creditors, including insurance companies and wildfire victims, say they are […]
The post PG&E’s Reorganization Plan—Cap Wildfire Liabilities at $18 Billion appeared first on POWER Magazine.
Read moreCredit to Author: Darrell Proctor| Date: Thu, 05 Sep 2019 18:52:37 +0000
The post PG&E Seeking $14 Billion in Restructuring Plan appeared first on POWER Magazine.
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 dollars in liabilities tied to its role in California wildfires that caused the company to file the largest utility bankruptcy in U.S. history. Bloomberg on […]
The post PG&E Seeking $14 Billion in Restructuring Plan appeared first on POWER Magazine.
Read more
Credit to Author: Alex Lubben| Date: Mon, 19 Aug 2019 16:59:00 +0000
They’re protesting over millions’ worth of unpaid wages from their former employer, Blackjewel.
Read moreCredit to Author: Darrell Proctor| Date: Fri, 02 Aug 2019 20:55:44 +0000
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 reduce the price PG&E pays for those companies’ electricity. The fate of $42 billion worth of long-term power purchase agreements (PPAs) is a key component […]
The post PG&E Asks Bankruptcy Judge to Back Restructured Power Deals appeared first on POWER Magazine.
Read more
Credit to Author: Anne Gaviola| Date: Fri, 07 Jun 2019 15:09:52 +0000
Experts say a generation struggling with debt is behind the dramatic rise in insolvencies. Here’s what you can do if you are drowning in debt.
Read moreCredit to Author: POWER| Date: Sat, 01 Jun 2019 00:00:00 +0000
Numerous articles have boldly declared Pacific Gas and Electric (PG&E) to be the first of many climate change-related bankruptcies to come. The authors wag their fingers in caution at corporations across
The post PG&E Bankruptcy Truly One-of-a-Kind appeared first on POWER Magazine.
Read more