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Add as a preferred source on GooglePG&E CEO Says Company May Sell or Spin Off Gas Business
The possibility followed California lawmakers’ adjournment without approval of wildfire legislation PG&E had sought.
PG&E Corporation CEO Patti Poppe said Thursday that the company may sell or spin off its natural gas business after California lawmakers finished their session without approving wildfire legislation PG&E had sought.
Pacific Gas and Electric Company, a PG&E subsidiary, serves more than 16 million people with gas and electricity in Northern and Central California. Poppe has previously called for a durable wildfire liability framework that “delivers for customers and investors”.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.