New / Old Major Municipal Utility
image credit: thediscoverer.com
- Dec 3, 2019 5:00 pm GMT
- 908 views
I've written several posts recently about the California wildfires in the last three years, and the attendant liability and bankruptcy of PG&E. But I almost missed a major result of the latter. This is a very complex story, but from the resolution of this bankruptcy at least one new major municipal utility will almost certainly emerge. Except they are not new, but over 100 years old.