PG&E has announced a $2 billion reduction in its planned 2027 investments, attributing the decision to the financial strain from California's wildfire liabilities. The utility company faces ongoing challenges related to wildfire-related costs and regulatory disputes.
PG&E Cuts $2 Billion in Planned Spending Citing California Wildfire Liabilities
PG&ECalifornia wildfiresutility sectorregulatory riskcapital expenditurefinancial burden
