US Loans to Rivian, Plug Under Threat From Federal Shutdown [Yahoo! Finance Canada]
Pacific Gas & Electric Co. (PCG)
Last pacific gas & electric co. earnings: 5/1 08:21 am
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Source: Yahoo! Finance Canada
Power Inc., PG&E Corp. and other companies are under threat because of a potential US government shutdown. Most Read from Bloomberg The Biden administration's Energy Department has been racing to cement more than $41 billion in conditional financing before the Jan. 20 inauguration of Donald Trump, who could block closing the loans. But work to finalize deals could grind to a halt if Congress isn't able to agree on a plan to fund the government. “A federal government shutdown will turn off the taps,” said Peter Davidson, who previously served as executive director of the Loan Programs Office, or LPO “Both the federal work force and the contractors are not allowed, by law, to work, even out of the office — so all loans, conditional commitments and due diligence in process will come to a full stop.” An Energy Department spokesman said the agency would continue to fund loans in the event of a shutdown. “Each office that has prior year balances, which includes LPO, will continue to
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PCG
News
- 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
- Here's Why PG&E (PCG) is a Strong Value Stock [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