Org structure presents subsidiaries with financing activities.
PG&E Recovery Funding LLC is a bankruptcy-remote subsidiary of Pacific Gas and Electric Company. PG&E Recovery Funding LLC is established as the issuing entity of the Senior Secured Recovery Bonds, to recover and refinance costs and expenses related to catastrophic wildfires, including wildfire risk mitigation capital expenditures
PG&E Wildfire Recovery Funding LLC is a bankruptcy-remote subsidiary of Pacific Gas and Electric Company. PG&E Wildfire Recovery Funding LLC is established as the issuing entity of the Senior Secured Recovery Bonds, to recover and refinance costs and expenses related to the 2017 catastrophic wildfires and pay certain transaction expenses.
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