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home / articles / PCG - PG&E Nears Deal To Sell Stake To KKR | Benzinga

PCG - PG&E Nears Deal To Sell Stake To KKR | Benzinga

Pacific Gas & Electric Co.

Pacific Gas & Electric Co. (NYSE:PCG) is reportedly nearing a deal to sell a stake in its fleet of power plants to KKR & Co. Inc. (NYSE:KKR) in an effort to raise funds needed to upgrade infrastructure and reduce the risk of fire resulting from its power lines.

The Details: According to a report from the Wall Street Journal, PG&E said it is seeking ...

Full story available on Benzinga.com
Stock Information
Company Name: Pacific Gas & Electric Co.
Stock Symbol: PCG
Market: NYSE
Website: pgecorp.com
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