Data: New Generation Research, hand-collected court data from mid-1980s. PG&E's assets as of September quarterly filing; Note: All assets in 2018 dollars Chart: Naema Ahmed/Axios Visuals
- PG&E's impending bankrupcty would put it in notorious company, at least in terms of size.
- The company would join the ranks of "failing angels," or companies whose debt goes straight from investment grade to default.
If PG&E follows through on plans to file for bankruptcy before the end of the month, it will be the biggest utility bankruptcy since 2001...which was the first time PG&E filed for bankruptcy.
By the numbers: PG&E's planned filing would be the ninth largest bankruptcy since at least the mid-1980s - falling just below the likes of Lehman Brothers, WorldCom and General Motors.