October 2, 2023
You are here:  Home  >  Latest news  >  Current Article

PG&E frees up cash in the midst of Northern California wildfire investigation


Regional utility provider Pacific Gas & Electric put its quarterly dividend on hold Dec. 20, keeping cash at the ready in the event it is held liable for the wildfires that swept through the Northern California wine region in October. Dividends will be suspended for common stock for the current quarter and for preferred stock…


    This article is only available to Business Times subscribers
  • Subscribers: or REGISTER for complete digital access.
  • Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists.
  • Check the STATUS of your Subscription Account.