Solvent

Former PG&E Merchant Unit Criticized for Bad Market Decisions

While characterizing the Pacific Gas and Electric Co. three-year Chapter 11 bankruptcy process as a “political choice” made by a solvent company, a PG&E Corp. executive last Monday chastised the former PG&E merchant energy unit for making a lot of bad market decisions.

May 23, 2005

Former PG&E Merchant Unit Criticized for ‘Bad Choices’

While characterizing the Pacific Gas and Electric Co. three-year Chapter 11 bankruptcy process as a “political choice” made by a solvent company, a PG&E Corp. executive Monday chastised the former PG&E merchant energy unit for making a lot of bad market decisions.

May 18, 2005