PG&E Expects To Defer ~$2B Of Planned Investment While Still Investing ~$11.4B In California In 2027, Reducing Debt Financing Needs By $2B
PG&E is reviewing all available options to determine how the Company can best be organized and financed to attract the affordable investments needed to deliver the safe, reliable and affordable energy California
PG&E is slowing down some of its spending plans by about $2 billion next year, but still plans to invest over $11 billion in California. When a big company delays spending, it can mean they're being careful with money—watch to see if this helps them get stronger financially.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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