PG&E Corporation News
PG&E Corporation, through its subsidiary, Pacific Gas and Electric Company, engages in the sale and delivery of electricity and natural gas to customers in northern and central California, the United States. It generates electricity using nuclear, hydroelectric, fossil fuel-fired, fuel cell, and photovoltaic sources. The company owns and operates interconnected transmission lines; electric transmission substations, distribution lines, transmission switching substations, and distribution substations; and natural gas transmission, storage, and distribution system consisting of distribution pipelines, backbone and local transmission pipelines, and various storage facilities. It serves residential, commercial, industrial, and agricultural customers, as well as natural gas-fired electric generation facilities. The company was incorporated in 1905 and is based in Oakland, California.
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6d
PG&E Files 10-Year Undergrounding Plan for Wildfire Mitigation, Impacting PCG’s Strategic Outlook
- PG&E (NYSE: PCG) files a 10-year electrical undergrounding plan to enhance wildfire safety, reliability and affordability—key for investors navigating infrastructure and regulatory risks.
13d
PG&E Weekly Trading Slide as Market Anticipates Upcoming Earnings and Legislative Risks
PG&E (PCG) shares slipped around 4.3% last week ahead of its upcoming Q3 earnings and amid rising investor concern over unresolved wildfire liability reform.
27d
PG&E Launches Virtual Power Plant Initiative with Google and Rewiring America
PG&E has unveiled its SHARE virtual power plant initiative in partnership with Rewiring America and Google, aiming to reduce costs and bolster grid reliability in California.
06 Sep at 08:34
PG&E Defers $2 Billion in Capital Spending After Wildfire Liability Bill Stalls
PG&E (PCG) will defer roughly $2 billion in spending following the collapse of wildfire liability reform in California, as analysts downgrade the stock amid increased subrogation risk.
30 Aug at 08:33
CPUC Proposes $22 Million Penalty for PG&E Over 2022 Mosquito Fire Violations
California regulators have proposed a $22 million penalty against PG&E for safety violations tied to the 2022 Mosquito Fire, pending CPUC vote.