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PCG News and Press, Pacific Gas & Electric Co. From 02/28/22

Stock Information

Company Name: Pacific Gas & Electric Co.
Stock Symbol: PCG
Market: NYSE
Website: pgecorp.com

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PCG - PG&E's new wildfire safety plan would speed up burying power lines

PG&E (PCG -0.5%) filed its 2022 Wildfire Mitigation Plan with California regulators late Friday, with plans to underground at least 175 miles of power lines this year in high fire-risk areas en route to further increasing the pace to complete ~3,600 miles by 2026. The utility said it...

PCG - PG&E Drives Greater Wildfire Safety While Keeping Customer Bill Impacts Essentially Flat Over Previous Proposal

Work to Underground Powerlines Will Accelerate in Pursuit of 10,000-Mile Goal Wildfire Mitigation Plan Outlines Bold, New Actions to Reduce Wildfire Risk in 2022 and Beyond Pacific Gas and Electric Company (PG&E) plans to significantly accelerate the undergroundi...

PCG - Third Point Q4 2021 Investor Letter

Third Point is an SEC-registered investment adviser based in New York. The firm was founded in 1995 by Daniel S. Loeb, who serves as Chief Executive Officer. Third Point focuses on event-driven, value-oriented investing. We anticipate that 2022 will be a year of normalization across s...

PCG - PG&E Finally Restores Dividends On Preferreds

PG&E Corp. is restoring the dividends on its eight series of preferred stock and paying 17 quarters of arrears. Shareholders will receive payments of up to $6.75 per share in May. Several of the issues remain excellent values; two are not. For further details see: PG...

PCG - First-of-its-Kind Technology Allows PG&E Customers to Safely and Easily Connect Backup Power to Their Homes

PG&E Develops, Scales and Expands Deployment of New Technology; Eligible Customers Can Get It for Free As part of its work to build a stronger, more resilient energy grid for the hometowns it serves, PG&E successfully developed a first-of-its-kind personal microgrid ...

PCG - PG&E's Vision for Energy Efficiency: Delivering for Customers and Supporting Decarbonization

PG&E Outlines Strategies to Help Customers Reduce Energy Use and Save Money, Enhance Grid Resiliency and Support Clean Energy Goals This week, Pacific Gas and Electric Company (PG&E) is outlining strategies to broaden access to energy efficiency programs, improve cus...

PCG - Amazon has $1 trillion of untapped value, Third Point's Dan Loeb argues

Activist investor Dan Loeb of hedge fund Third Point believes that Amazon has a about $1 trillion of untapped value between its e-commerce business and its Amazon Web Services cloud unit. Loeb made the comments on a call to the hedge fund's investors today that discussed the fund's 2021 perfo...

PCG - PG&E Achieves Perfect Score as a Best Place to Work for LGBTQ+

Company Earns 100% on Corporate Equality Index for 18 th Consecutive Year Pacific Gas and Electric Company (PG&E) has earned a spot in the “Best Places to Work for LGBTQ+ Equality 2022” as measured by the Human Rights Campaign Foundation’s 2022...

PCG - As Demand for Power Rises, Emphasis on Reducing Power Wastage Becoming Vital

Palm Beach, FL – February 15, 2022 – FinancialNewsMedia.com News Commentary – With the ever evolving demand for power, both the government and the private entities are emphasizing reducing power wastage, thus boosting the transmission & fault detection i...

PCG - Tracking Seth Klarman's Baupost Group Holdings - Q4 2021 Update

Seth Klarman’s 13F portfolio value decreased from $10.88B to $10.13B this quarter. Baupost Group added Fiserv while dropping eBay and International Flavors & Fragrances. The portfolio continues to be heavily concentrated with the top three positions accounting for ~35% ...

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