Specialist
Former Senior Regulatory Analyst at California Public Utilities Commission (CPUC)
Agenda
- PG&E's (NYSE: PCG) restructuring plan proposal – feasibility and ability to resolve bankruptcy
- Wildfire Estimation Proceedings Conference scheduled – associated impact on PG&E, victims of the fire and other key parties
- Scenarios simulation based on the estimated cost of liability
- Damages from Tubbs Fire and its strain on PG&E's exit from Bankruptcy cost
Questions
1.
Could you share an overview of any key recent developments for PG&E and its restructuring plans?
2.
PG&E’s offer of USD 18bn for wildfire claims doesn’t appear to be well-received. How far off do you think that number is from where it needs to be?
3.
How realistic or achievable do you think it is for PG&E to come out of bankruptcy by the June 2020 date per that AB 1054 legislative?
4.
You mentioned you expect some changes to be discussed around AB 235, the legislation on the existing wildfire claims. What do you think needs to change?
5.
Do you think the timeline and emergence from bankruptcy would significantly impact the reorg?
6.
Is there anything further you think is important to mention, or do you have any concluding comments?