PG&E to Review Business Structure, Defer $2B in 2027 Investment

1. 1PG&E (PCG) announced a strategic review of its business structure and funding plans, deferring approximately $2 billion in planned 2027 investment.
2. 2The deferral reduces projected 2027 capital expenditures to around $11.4 billion and lowers debt funding needs by roughly $2 billion.
3. 3The CEO said California's wildfire liability framework increases funding risk, with investment-grade status as the goal.

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