(Reuters) - The payment will be made to the California Department of
Water Resources, which backed power purchases when wholesale
power prices skyrocketed and rolling blackouts were common
during the energy crisis.
The state's largest utility, Pacific Gas & Electric Co.,
went bankrupt during the crisis. It has since emerged from
bankruptcy.
Read more at Reuters.com Bonds News
Water Resources, which backed power purchases when wholesale
power prices skyrocketed and rolling blackouts were common
during the energy crisis.
The state's largest utility, Pacific Gas & Electric Co.,
went bankrupt during the crisis. It has since emerged from
bankruptcy.
Read more at Reuters.com Bonds News
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