Power Producers Plan Appeal of Bankruptcy Judge's PG&E Ruling -Reuters
15 June 2019 - 3:45AM
Dow Jones News
--Several power producers plan to challenge a judge's decision
related to the ability of PG&E Corp. (PCG) to reject power
purchase agreements while in bankruptcy, Reuters reports
Friday.
--A judge in San Francisco's bankruptcy court ruled earlier this
month that any decision regarding the company's attempt to cancel
these agreements belongs in bankruptcy court and federal regulators
have no say in the matter, the report said.
Full story:
https://www.reuters.com/article/pge-us-appeal/power-producers-to-appeal-bankruptcy-court-ruling-on-pge-energy-contracts-idUSL2N23L0XS
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
June 14, 2019 13:30 ET (17:30 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
PG&E (NYSE:PCG)
Historical Stock Chart
From Apr 2024 to May 2024
PG&E (NYSE:PCG)
Historical Stock Chart
From May 2023 to May 2024