Contractors and suppliers from large construction companies to small equipment firms have joined power providers caught up in the Jan. 29 decision by California utility Pacific Gas and Electric Co. to voluntarily file Chapter 11 bankruptcy as it faces more than $30 billion in liabilities stemming from 2017 and 2018 wildfires that burned many thousands of acres and structures.
“PG&E is faced with a crisis that threatens its ability to continue to operate,” the firm said in its U.S. Bankruptcy Court filing in San Francisco.