PG&E bankruptcy exit seen as long-term bullish for CCA market – traders say

Published 22:18 on September 11, 2019  /  Last updated at 22:33 on September 11, 2019  /  Americas, Canada, US  /  No Comments

Market participants do not see any near-term implications from PG&E's proposed restructuring plan, but the embattled utility could create bullish pressure for CCAs once it exits bankruptcy in mid-2020.

Market participants do not see any near-term implications from PG&E’s proposed restructuring plan, but the embattled utility could create bullish pressure for CCAs once it exits bankruptcy in mid-2020.

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