US agrees to $15 billion loan to PG&E, WSJ reports [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
utility PG&E to support climate resilience projects and upgrade the electrical grid, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. PG&E Corp is the parent company of Pacific Gas and Electric Company, one of the largest U.S. utility providers serving about 16 million people across northern and central California. The loan by the U.S. Department of Energy's Loan Programs Office will be used to fund projects that refurbish PG&E's hydroelectric infrastructure and power lines and will be provided in cash installments over several years, the report added. Earlier this month, PG&E said it planned to raise $2.4 billion from investors via a stock offering. U.S. utilities have been making stock offerings and filing rate case requests to fund their infrastructure upgrades as the country's power grids face extreme weather conditions such as hurricanes and wildfires, and surging demand from industrial customers like data centers. The Department of E
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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