Friday, April 19, 2024

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Magazines 

PG&E Seeking $14 Billion in Restructuring Plan

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Credit 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 […]

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Former TVA CEO Will Take the Reins at PG&E

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Credit to Author: Aaron Larson| Date: Thu, 04 Apr 2019 13:49:53 +0000

PG&E Corp. announced on April 3 the appointment of William “Bill” Johnson as the company’s new president and CEO. It also announced the appointment of 10 new directors to its board of directors. The board appointments will be effective as of the next in-person board meeting, which will be held as soon as practicable, the […]

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TVA Ponders Closure of Iconic Coal Units

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The Tennessee Valley Authority (TVA) wants public input as it considers closing two of the utility’s historic coal-fired power plants: its Bull Run plant in Tennessee, and the last coal-fired unit at its Paradise plant in Kentucky. The Bull Run Fossil Plant, near Oak Ridge, has been the only single-generator coal plant in the TVA […]

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