PG&E Defers $2 Billion of Work Amid California's Wildfire Bill Concerns
Guidance·1 article across 1 outlet
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PG&E Corp. plans to defer about $2 billion of work next year as part of a strategic review of its businesses. This decision follows the company's statement that a proposed revamp of California’s wildfire response didn’t do enough to protect it and its peers from the cost of such disasters.
PG&E
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“PG&E Corp. plans to defer about $2 billion of work next year as part of a strategic review of its businesses, a move that comes after it said a proposed revamp of California’s wildfire response”
Bloomberg — PG&E to Defer $2 Billion of Work as California Shelves Fire Bill