California’s “leadership in electrification” will be a key driver of Pacific Gas and Electric’s expected customer growth over the next five years, CEO Patti Poppe said during an earnings call.

FERC approves Pacific Gas and Electric’s transaction to spin off its non-nuclear generation — more than 5,000 MW — to new subsidiary Pacific Generation.

PG&E's proposal to place most of its generation fleet into a new company and to sell nearly half the firm to investors is taking flak at FERC and the CPUC.

PG&E asked the CPUC to approve a plan that would allow it to sell a stake in a new generation subsidiary, with proceeds to be used to fund capital investment.