San Francisco Eyes PG&E Grid as Utility Preps for Fire Season | 2019-06-12 | Engineering News-Record

San Francisco Eyes PG&E Grid as Utility Preps for Fire Season | 2019-06-12 | Engineering News-Record: San Francisco on June 4 hired a financial advisor as it considers buying distribution assets from the beleaguered utility Pacific Gas & Electric, which filed for voluntary bankruptcy protection in January as it faced more than $30 billion in liabilities stemming from 2017 and 2018 wildfires that burned many thousands of acres and destroyed thousands of structures. The city and county of San Francisco hired Jefferies LLC as a buy-side financial advisor to explore the possible acquisition of PG&E’s electric distribution assets serving the city, . . .