Biden Admin Cuts Huge Lame Duck Check For California Utility Bankrupted For Role In Massive Wildfires
The Biden-Harris administration's Department of Energy (DOE) announced on Tuesday that it has offered up to $15 billion in conditional financing to California utility Pacific Gas & Electric Company (PG&E), according to a press release. The loans proposed by the DOE Loan Programs Office (LPO) are for a variety of projects aimed at “expanding hydropower […]