Search
`
December 6, 2024
Looking to read the full article? Scroll down and login or sign up today!
Page Reload Scroll Position
PG&E Moves to Spin off Generation, Sell Minority Stake
Sale Proceeds Would Fund Wildfire, Clean Energy, Reliability Investments
PG&E's new Pacific Generation subsidiary would include the utility's gas-fired Gateway Generating Station in Antioch, Calif.
PG&E's new Pacific Generation subsidiary would include the utility's gas-fired Gateway Generating Station in Antioch, Calif. | JPxG, CC BY-SA 4.0, via Wikimedia Commons
|
PG&E asked the CPUC to approve a plan that would allow it to sell a stake in a new generation subsidiary, with proceeds to be used to fund capital investment.
CaliforniaCalifornia Public Utilities Commission (CPUC)Company NewsEnergy StorageHydropowerNatural GasUtility-scale Solar