Pacific Gas and Electric Company 

a California Corporation, Debtor. 

Federal I.D.94-0742640 

Case No. 19 30089 

Post-confirmation Report – Q1’2023 

Part 1: b. Non-cash securities transferred – With regard to Part 1: b, the following are the non-cash 

securities transferred in connection with the implementation of the Plan. 

Security Type Issuance Description Aggregate Dollar Amount

Utility First Mortgage Bonds The New Utility Funded Debt 

Exchange Notes, the New Utility 

Long-Term Notes and the New 

Utility Short-Term Notes issued 

pursuant to sections 4.18(a), 

4.20(a) and 4.21(a) of the Plan 

$11,852,940,000

Utility First Mortgage Bonds First Mortgage Bonds issued 

pursuant to section 6.16 of the 

Plan and the Financing Approval 

Order [Docket No. 7909] 

$8,925,000,000

Utility Reinstated Senior Notes The collateralized Utility 

Reinstated Senior Notes issued 

pursuant to section 4.19(a) of 

the Plan 

$9,600,000,000

TOTAL $30,377,940,000

Part 1: c. Other non-cash property transferred – With regard to Part 1: c, the Plan does not contemplate 

the transfer of any real property interests and all other transfers of property on account of Allowed 

Claims or Allowed Interests have been distributed in accordance with the Plan. 

Details of non-cash securities and other non-cash property transferred by the Reorganized Debtors 

other than in connection with implementation of the Plan are contained in their reports filed with the 

Securities and Exchange Commission. 

Part 2: Preconfirmation Professional Fees and Expenses – With regard to Part 2, the Professional fees 

are presented in this report based on which Debtor paid the underlying invoice, notwithstanding that 

professionals may have been retained on behalf of both Debtors. 

Part 2: a. Professional fees & expenses (bankruptcy) incurred by or on behalf of the debtor - Due to 

the large volume of professionals incurred by or on behalf of the Debtors, a consolidated number is 

presented. 

Part 2: b. Professional fees & expenses (nonbankruptcy) incurred by on behalf of the debtor - 

Consistent with the Debtors’ Monthly Operating Reports and Post-Confirmation Quarterly Reports filed 

throughout these cases, the Debtors have not reported fees for ordinary course professionals incurred 

by or on behalf of the Debtors. 

Case: 19-30088 Doc# 13697-1 Filed: 05/04/23 Entered: 05/04/23 14:20:07 Page 1

of 2
Part 3: Total Anticipated Payments Under Plan – With regard to Part 3, all allowed administrative, 

secured, and unsecured claims, once liquidated, will be paid in full with interest at the applicable rate in 

accordance with the Plan. The Reorganized Debtors’ review of asserted claims is ongoing and the total 

amount to be paid under the Plan cannot be determined at this time. By order of the Bankruptcy Court, 

the current deadline for PG&E Corporation and the Utility to object to claims is June 20, 2023. 

Part 3: a. Administrative claims - The Administrative claims presented do not include the professional 

fees set forth in Part 2. 

Part 4: a. Is this a final report? – With regard to Part 4: a, the anticipated date of filing an application for 

Final Decree is yet to be determined. 

Case: 19-30088 Doc# 13697-1 Filed: 05/04/23 Entered: 05/04/23 14:20:07 Page 2

of 2