2022-09-28 16:52:40 PCG PG&E
09/28/22 09/2816:52 09/28/2216:52 | PG&E seeks CPUC approval to sell stake in power plantsAccording to a regulatory filing, on September 28, 2022, Pacific Gas and Electric Company, a subsidiary of PG&E Corporation, filed an application with the California Public Utilities Commission regarding the separation of its non-nuclear generation assets into a stand-alone Utility subsidiary and the potential sale of a minority ownership stake in the newly-formed subsidiary to one or more investors to be identified. PG&E Corporation made available a presentation regarding the Application. In addition, PG&E Corporation is reaffirming its previously announced non-GAAP core earnings guidance for fiscal year 2022. |
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