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PG&E Defers about $2B of 2027 Work After Strategic Review

PG&E Corporation logoPG&E Corporation
Sig2.91Sen+0.07Env-0.02Soc+0.61Gov+0.63

PG&E says it is reviewing options for how it can be organized and financed to attract affordable investment for California customers. To keep costs down, it plans to defer about $2 billion of 2027 work and update its 2027 capital plan to reduce higher-cost borrowing while maintaining critical safety investments and compliance. The review will also reassess long-term Core EPS and 2028–2030 outlooks.

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