Bankruptcy Plan Gains Ground, but PG&E Still Facing Possibility of a State Takeover
GreenTechMedia
FEBRUARY 5, 2020
If we are not able to secure that deal, the state is prepared to take it over,” Newsom said at an energy and environmental policy event last week in Sacramento. “We are pursuing a deal with PG&E. “It’s not the preferred option, but it’s a necessary option if they can’t do that for themselves.”
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