California utility PG&E exploring gas division sale, possible bankruptcy -reports

Published 00:34 on January 5, 2019  /  Last updated at 00:34 on January 5, 2019  /  Americas, Canada, US  /  No Comments

California utility Pacific Gas & Electric (PG&E) is exploring the possible sale of its natural gas division or possibly filing for bankruptcy to help pay off possible liabilities stemming from a deadly wildfire late last year, according to media reports.

California utility Pacific Gas & Electric (PG&E) is exploring the possible sale of its natural gas division or possibly filing for bankruptcy to help pay off possible liabilities stemming from a deadly wildfire late last year, according to media reports.

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