PCG launches strategic review; cuts 2027 CapEx by $2B
PCG launched a strategic review exploring all organizational and financial options. It also cut 2027 capital investment by $2 billion to lower customer costs and reaffirmed 2026 EPS guidance, introducing 2027 guidance.
A strategic review has been launched to explore all organizational and financial options, including a $2 billion reduction in 2027 capital investment to lower customer costs.
The company reaffirmed 2026 EPS guidance and introduced 2027 guidance, while emphasizing the need for policy reform to achie…