PG&E Considers Asset Separation After Wildfire Liability Deal Stalls
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PG&E Corp will consider separating some of its assets as part of a strategic review launched after California lawmakers failed to reach a deal limiting utilities’ wildfire liability, according to Chief Executive Officer Patti Poppe.
The strategic review comes in response to the stalled negotiations, indicating that the company is exploring various options to address its challenges in the wake of wildfire liabilities.
PG&E
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“PG&E Corp will consider separating some of its assets as part of a strategic review launched after California lawmakers failed to reach a deal limiting utilities’ wildfire liability, according to Chief Executive Officer Patti Poppe.”
Bloomberg — PG&E Weighs Asset Separation in Strategic Review After Wildfire Deal Stalls