PCG launches strategic review; cuts 2027 capital spending by $2B
PCG launched a strategic review to explore all options to reach investment-grade credit and affordable capital, including a $2B reduction in 2027 capital spending amid unresolved wildfire liability issues.
A strategic review has been launched to explore all options for achieving investment-grade credit and affordable capital, including a $2B reduction in 2027 capital spending.
Despite operational gains and reaffirmed EPS guidance, unresolved wildfire liability issues continue to impact financing cost…