Calif. Officials Weighing Bonds to Bail Out Troubled Utilities

Finestone, Deborah; Fine, Jacob
January 2001
Bond Buyer;01/08/2001, Vol. 335 Issue 31052, p44
Trade Publication
Deals with the possibility of a state sponsored bailout of California's two major investor-owned utilities. Issuance of bonds to pay down the companies' debt loads; Consumer groups' opposition to the idea of a bailout for Southern California Edison and Pacific Gas & Electric Co.; Need for California to establish a state power authority to build publicly owned power plants.


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