PG&E Wildfire Recovery Funding LLC, founded in California, is dedicated to financing wildfire recovery efforts within the state. The company primarily focuses on issuing bonds to support the restoration of communities affected by devastating wildfires and to help facilitate infrastructure improvements. Through its structured funding initiatives, PG&E Wildfire Recovery Funding aims to contribute to the resilience and sustainability of California's ecosystem and its affected populations.
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Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, PG&E Wildfire Recovery Funding has issued numerous bonds to finance vital recovery projects, with its first issuance occurring shortly after the major wildfire events in California. Significant bond issues have included the $1 billion issuance in 2020 aimed at supporting recovery from various wildfire incidents and ongoing safety improvements. Current yields on these bonds are competitive within the industry, often reflecting the inherent risks associated with wildfire recovery financing. Additionally, these bonds feature unique characteristics, including the potential for future revenue to be allocated specifically towards restoration efforts, highlighting the company’s commitment to re-investing in affected communities.