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PG&E to invest about $11.4 billion in California in 2027

PG&E said it plans to invest about $11.4 billion in California in 2027 after deferring $2 billion of planned spending. The company is launching a strategic review of its business and financing.

PCG

Utility PG&E NYSE:PCG said on Wednesday it would invest about $11.4 billion in California in 2027 after deferring $2 billion of planned spending, as it launches a strategic review of its business and financing.PG&E said the review is aimed to help reduce customer costs associated with higher financ…