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Pacific Gas & Electric (PCG)

Stock (Diversified Utilities Industry, Energy Industry, Services Industry)

The CPUC approved four new PG&E renewable energy p The CPUC approved four new PG&E renewable energy projects. The deal, which will generate two additional megawatts of power for the state, included two hydroelectric plants, a biogas and combined heat and power generator, as well as a cogeneration plant (one that generates both energy and useful heat). The CPUC approved a settlement for PG&E’s rates. The CPUC approved a settlement for PG&E’s rates. They authorized an additional $213 million in annual revenue to support general upkeep of PG&E’s infrastructure as well as upgrades to their electric and gas distribution systems. PG&E announced that its 3Q net profit increased by

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