PG&E Estimates San Francisco Grid Takeover Would Cost $22.5 Billion
PG&E said a proposed government takeover of its San Francisco electric distribution grid would cost $22.5 billion, more than six times the $3.4 billion cited by the city in an April filing.
PG&E Corp NYSE:PCG said on Wednesday a proposed government takeover of its San Francisco electric distribution grid would cost $22.5 billion, more than six times the $3.4 billion cited by the city in an April filing.The City and County of San Francisco has proposed to take over PG&E's local electri…