PCG launches strategic review; 2027 capex cut and EPS guidance updated
PCG launched a strategic review to explore organizational and financial alternatives focused on safety, affordability and reliability. It reduces 2027 capital spending by $2 billion and updates guidance, reaffirming 2026 EPS and initiating 2027 EPS targets.
A strategic review has been launched to explore organizational and financial alternatives aimed at improving safety, affordability, and reliability while reducing 2027 capital spending by $2 billion.
Updated guidance reaffirms 2026 EPS and initiates 2027 EPS targets, with ongoing stakeholder engage…