California power producer PG&E Corp said on Tuesday it plans to raise up to US$25.68 billion by selling securities, as it works its way out of the bankruptcy process.

FILE PHOTO: Employees of Pacific Gas & Electric (PG&E) work in the aftermath of the Camp Fire in Paradise, California, U.S., November 14, 2018. REUTERS/Terray Sylvester

REUTERS: California power producer PG&E Corp said on Tuesday it plans to raise up to US$25.68 billion by selling securities, as it works its way out of the bankruptcy process.