(Bloomberg) — PG&E Corp. is pushing California Governor Gavin Newsom to support a proposal by the utility to issue billions of dollars in bonds backed by customer bills to help pay for its bankruptcy plan, according to people familiar with the matter.The effort to win the governor’s support comes as PG&E has a Friday deadline to file its $46 billion restructuring plan with state regulators. Newsom’s office hasn’t signed off on the idea of using bonds, the people said.The proposal is one of the final issues the two sides are debating as PG&E pushes to emerge from the largest utility …read more
Source:: Yahoo Finance
