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The power purchase agreements crisis is likely to shake up renewable energy financing
Deadly blazes in California leave the utility with billions of dollars in liabilities
Investors battle powerful adversaries for a share of US utility’s remaining value
Credit ratings for several suppliers to the California utility have been cut sharply
BlueMountain calls PG&E Chapter 11 plan ‘damaging, avoidable and unnecessary’
PG&E is not the only culprit for an environmental disaster in drought-stricken California
The group’s market cap more than halved to $4bn on news it will file for bankruptcy protection
Power group faces an estimated $30bn in liabilities after devastation
California utility faces billions in potential wildfire liabilities
The state doesn’t want utilities to go bankrupt from wildfire costs.
Shares plunge again as utility says its insurance may not cover the full damages
Customers more likely to pay the costs for lethal California fires than investors
Electrical equipment among possible causes of blazes that have killed at least 31
US Congress should be wary of facile comparisons with the big tobacco settlements