December saw six new preferred stock and exchange traded debt offerings with yields ranging from 6% to 9%, highlighting diverse investment opportunities. CDx3 preferreds ranked 10 out of 10 offer an average current yield of 6.57% and are selling at a slight discount to par. Investors can purchase newly introduced preferred stock shares at wholesale prices on the OTC, potentially avoiding capita...
The loan, the biggest-ever commitment from the Loan Programs Office, is intended to fund the California utility's grid and climate resiliency projects.
The United States will offer a record $15 billion low-interest loan to California-based utility PG&E to support climate resilience projects and upgrade the electrical grid, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
Application Deadline is March 22, 2025 OAKLAND, Calif. , Dec. 16, 2024 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) announced today that scholarship applications are now being accepted for college-bound high schoolers as well as current college and continuing education students with a primary residence in Northern and Central California.
OAKLAND, Calif. , Dec. 13, 2024 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) has positioned crews and resources across its service area to support the safe and swift response repair to damage and restore power outages that may result from the forecasted heavy rain and strong winds that will impact much of Northern California beginning today and through the weekend.
PG&E's transformative net-zero carbon plan and aggressive infrastructure expansion make it an attractive investment despite underperformance compared to the S&P 500. The company's strong CAPEX plan, focusing on renewable energy and wildfire mitigation, supports long-term growth and operational efficiency. Funding through equity and debt issuance poses dilution and debt risks, but robust cash fl...
PG&E has a new series of 6% preferred stock that converts into common after three years. The conversion terms offer a potential 25% upside. There are more risks than with a conventional preferred.
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