Bloomberg Utility giant PG&E Corp is readying an $11 billion debt-financing package that may be sold to investors as soon as next week as the company prepares to exit bankruptcy, according to people with knowledge of the matter. The financing includes $4 billion of high-yield bonds and a $750 million term loan led by JPMorgan Chase & Co, the people ...

Bloomberg Adani Green Energy will invest $5.96 billion to execute what it called the world’s largest solar order. The company will build 8 gigawatts of generation projects, while group company Adani Solar will construct 2 gigawatts of manufacturing capacity for solar cells and modules, it said in a stock exchange filing. The project takes Adani Green closer to its goal ...

Bloomberg Shanghai’s municipal government will extend subsidies for solar and offshore wind through 2021 while ending those for onshore wind as it tries to meet its target for renewable energy generation. Solar and offshore wind projects will be able to receive a maximum subsidy from the city government of 50 million yuan ($7 million) in total over five years, the ...