Exhibit 10.12

JPMorgan Chase Bank, N.A.
383 Madison Avenue
New York, NY 10179

BANK OF AMERICA, N.A.
BofA SECURITIES, INC.
One Bryant Park
New York, NY 10036

BARCLAYS
745 Seventh Avenue
New York, NY 10019

CITIGROUP GLOBAL MARKETS INC.
388 Greenwich Street
New York, NY 10013

GOLDMAN SACHS BANK USA
GOLDMAN SACHS LENDING PARTNERS LLC
200 West Street
New York, NY 10282

BNP PARIBAS
787 Seventh Avenue
New York, New York 10019

CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH
Eleven Madison Avenue
New York, New York 10010

MORGAN STANLEY BANK, N.A.
1585 Broadway
New York, New York 10036
MUFG Union Bank, N.A.
1221 Avenue of the Americas
New York, NY 10020

WELLS FARGO BANK, NATIONAL ASSOCIATION
550 S Tryon St.
Charlotte, NC 28202

PERSONAL AND CONFIDENTIAL
November 18, 2019
PG&E Corporation
Pacific Gas and Electric Company
77 Beale Street
P.O. Box 77000
San Francisco, California 94177
Attention: Nicholas M. Bijur
PG&E Corporation
Amendment No. 1 to Commitment Letter
Ladies and Gentlemen:
Reference is made to that certain Commitment Letter, dated as of October 4, 2019
(together with the annexes thereto, as supplemented by that certain Joinder
Letter dated as of October 28, 2019 and as further amended from time to time in
accordance with the terms thereof, the “Commitment Letter”), between PG&E
Corporation, a California corporation (“PG&E”) (together with any domestic
entity formed to hold all of the assets of PG&E upon emergence from bankruptcy,
the “Borrower”), Pacific Gas and Electric Company, a California corporation (or
any domestic entity formed to hold all of the assets of Pacific Gas and Electric
Company upon emergence from bankruptcy, the “Utility” and together with PG&E,
the “Debtors” or “you”), JPMorgan Chase Bank, N.A. (“JPMorgan”), Bank of
America, N.A. (“BANA”), BofA Securities, Inc. (or any of its designated
affiliates, “BofA”, and together with BANA, “Bank of America”), Barclays Bank
PLC (“Barclays”), Citigroup Global Markets Inc. on behalf of Citi (as defined
below), Goldman Sachs Bank USA (“GS Bank”) and Goldman Sachs Lending Partners
LLC (“GSLP”, and together with GS Bank, “Goldman Sachs”) (JPMorgan, Bank of
America, Barclays, Citi

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and Goldman Sachs, collectively, the “Initial Commitment Parties”) and BNP
Paribas (“BNP”), Credit Suisse AG, Cayman Islands Branch (“Credit Suisse”),
Morgan Stanley Bank, N.A. (“Morgan Stanley”), MUFG Union Bank, N.A. (“MUFG”) and
Wells Fargo Bank, National Association (“Wells Fargo”, collectively with BNP,
Credit Suisse, Morgan Stanley, MUFG and the Initial Commitment Parties, the
“Commitment Parties” , “we” or “us”), regarding a $7,000 million senior
unsecured bridge facility defined therein as the Facility and the related
transactions described therein. “Citi” shall mean Citigroup Global Markets Inc.,
Citibank N.A., Citicorp USA, Inc., Citicorp North America, Inc. and/or any of
their affiliates as any of them shall determine to be appropriate to provide the
services contemplated herein. Capitalized terms used but not defined herein are
used with the meanings assigned to them in the Commitment Letter.
Each party to this Amendment No. 1 to Commitment Letter (this “Amendment”)
hereby agrees that the first sentence of the third paragraph of Section 11 of
the Commitment Letter is amended by replacing the text “November 20, 2019” with
the text “December 20, 2019” where it appears.
Each party hereto agrees to maintain the confidentiality of this Amendment and
the terms hereof, subject to the confidentiality provisions contained in the
Commitment Letter. The provisions of the third paragraph of Section 9 of the
Commitment Letter are incorporated herein, mutatis mutandis, as if the
references to the Commitment Letter were to this Amendment. Each of the parties
hereto (for itself and its affiliates) (a) waives, to the fullest extent it may
legally and effectively do so, any objection that it may now or hereafter have
to the laying of venue of any suit, action or proceeding arising out of or
relating to the Commitment Letter, this Amendment, or the transactions
contemplated thereby or hereby, in any such New York State court or in any such
Federal court and (b) waives, to the fullest extent permitted by law, the
defense of an inconvenient forum to the maintenance of such action or proceeding
in any such court.
Except as specifically amended by this Amendment, the Commitment Letter shall
remain in full force and effect. This Amendment shall be construed in connection
with and form part of the Commitment Letter, and any reference to the Commitment
Letter shall be deemed to be a reference to the Commitment Letter as amended by
this Amendment. Neither this Amendment nor the Commitment Letter (including the
attachments hereto and thereto) may be amended or any term or provision hereof
or thereof waived or modified except by an instrument in writing signed by each
of the parties hereto. This Amendment may be executed in any number of
counterparts, each of which when executed will be an original, and all of which,
when taken together, will constitute one agreement. Delivery of an executed
counterpart of a signature page to this Amendment by telecopier, facsimile or
other electronic transmission (e.g., “pdf” or “tif”) shall be effective as
delivery of a manually executed counterpart thereof.

[Remainder of page intentionally left blank]

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We are pleased to have been given the opportunity to assist you in connection
with the financing for the Transactions.
Very truly yours,

JPMORGAN CHASE BANK, N.A.

By:/s/ Sandeep S. Parihar

Name: Sandeep S. Parihar

Title: Executive Director

[Signature Page to Amendment No. 1 to Commitment Letter (PG&E)]

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BofA SECURITIES, INC.

By:/s/ B. Timothy Keller

Name: B. Timothy Keller

Title: Managing Director

BANK OF AMERICA, N.A.

By:/s/ Margaret A. Halleland

Name: Margaret A. Halleland

Title: Vice President

[Signature Page to Amendment No. 1 to Commitment Letter (PG&E)]

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BARCLAYS BANK PLC

By:/s/ Sydney G. DennisName:Sydney G. DennisTitle:Director

[Signature Page to Amendment No. 1 to Commitment Letter (PG&E)]

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CITIGROUP GLOBAL MARKETS INC.

By:/s/ Richard RiveraName:Richard RiveraTitle:Authorized Signatory

[Signature Page to Amendment No. 1 to Commitment Letter (PG&E)]

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GOLDMAN SACHS BANK USA

By:/s/ Charles D. JohnstonName:Charles D. JohnstonTitle:Authorized Signatory

GOLDMAN SACHS LENDING PARTNERS LLC

By:/s/ Charles D. JohnstonName:Charles D. JohnstonTitle:Authorized Signatory

[Signature Page to Amendment No. 1 to Commitment Letter (PG&E)]

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BNP PARIBAS

By:/s/ Nicole RodriguezName:Nicole RodriguezTitle:Director

By:/s/ Brenda HeneghanName:Brenda HeneghanTitle:Director

[Signature Page to Amendment No. 1 to Commitment Letter (PG&E)]

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CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH

By:/s/ Vipul DhaddaName:Vipul DhaddaTitle:Authorized Signatory

By:/s/ SoVonna Day-GoinsName:SoVonna Day-GoinsTitle:Authorized Signatory

[Signature Page to Amendment No. 1 to Commitment Letter (PG&E)]

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MORGAN STANLEY BANK, N.A.

By:/s/ Chance MorelandName:Chance MorelandTitle:Authorized Signatory

[Signature Page to Amendment No. 1 to Commitment Letter (PG&E)]

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MUFG UNION BANK, N.A.By:/s/ Nietzsche RodricksName:Nietzsche
RodricksTitle:Managing Director

[Signature Page to Amendment No. 1 to Commitment Letter (PG&E)]

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WELLS FARGO BANK, NATIONAL ASSOCIATION

By:/s/ Gregory R. GredvigName:Gregory R. GredvigTitle:Director

[Signature Page to Amendment No. 1 to Commitment Letter (PG&E)]

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ACCEPTED AND AGREED AS OF
THE DATE FIRST WRITTEN ABOVE:

PG&E CORPORATION

By:/s/ Nicholas M. BijurName:Nicholas M. BijurTitle:Vice President and Treasurer

PACIFIC GAS AND ELECTRIC COMPANY

By:/s/ Nicholas M. BijurName:Nicholas M. BijurTitle:Vice President and Treasurer

[Signature Page to Amendment No. 1 to Commitment Letter (PG&E)]