The Potential Ramifications of PG&E's Bankruptcy Filing

The transcript discusses the negative impact on bonds as they shift from investment grade to high yield, leading to selling pressure. It highlights investment opportunities in companies like Edison International and NextEra Energy Partners. The potential rejection of purchase power agreements by Pacific Gas and Electric could raise costs and affect renewable deals. The role of California's government and future steps post-bankruptcy are also examined, considering ongoing issues like wildfires.

In what ways might California's governor influence the financial stability of utility companies?

What challenges do utility companies face in the context of natural disasters and bankruptcy?