FERC Approves PG&E’s Proposal to Spin off Generation
Utility Plans to Sell Minority Share in a Later Deal to Raise Capital
PG&E's San Francisco headquarters | Minesweeper, CC BY-SA 3.0, via Wikimedia Commons
Jun 1, 2023
FERC approves Pacific Gas and Electric’s transaction to spin off its non-nuclear generation — more than 5,000 MW — to new subsidiary Pacific Generation.