Biden administration offers California's PG&E up to $15B loan to boost climate resilience [Yahoo! Finance]
Pacific Gas & Electric Co. (PCG)
Last pacific gas & electric co. earnings: 5/1 08:21 am
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finance.yahoo.com/quote/pg
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Source: Yahoo! Finance
billion, which would serve to decarbonize the massive utility's operations and increase its reliability. The funds, which would come from the Department of Energy's Loan Programs Office , would serve PG&E's Project Polaris — a portfolio of initiatives to expand hydropower generation and battery storage, upgrade grid transmission capacity and enable the establishment of virtual power plants. Such investments, according to the Energy Department, would help the company meet its forecast load growth, ensure reliable and affordable electricity and decrease costs for Californian consumers. The offer was made via the loan office's Energy Infrastructure Reinvestment project, which uses a flexible loan facility and disbursement approach for regulated investment-grade utilities. To gain approval, borrowers must show that the financial benefits gained from a loan guarantee would be passed on to communities served by the utility, according to the Energy Department. As far as PG&E is con
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PCG
News
- US Loans to Rivian, Plug Under Threat From Federal Shutdown [Yahoo! Finance Canada]Yahoo! Finance Canada
- California regulators approve two more requests by PG&E to increase rates California regulators approved two more rate hike requests by Pacific Gas and Electric Thursday night, making it six approvals this year. 2M ago [CBS News]CBS News
- CPUC approves $723 million in ratepayer costs to extend life of Diablo Canyon nuclear plant [Los Angeles Times (CA)]Los Angeles Times
- PG&E Co. (NYSE: PCG) had its price target lowered by analysts at UBS Group AG from $26.00 to $24.00. They now have a "buy" rating on the stock.MarketBeat
- US watchdog recommends Energy Department halt loans to green projects [Yahoo! Finance]Yahoo! Finance
PCG
Earnings
- 11/7/24 - Beat
PCG
Sec Filings
- 12/12/24 - Form 144
- 12/6/24 - Form CERT
- 12/5/24 - Form 8-A12B
- PCG's page on the SEC website