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One environmental advocate called it ‘a bailout for PG&E,’ which emerged from bankruptcy in 2020. The Biden administration said Tuesday it was offering Pacific Gas & Electric a record $15 ...

The Biden administration on Tuesday announced its conditional approval of a loan guarantee for Pacific Gas & Electric Co. (PG&E) of up to $15 billion, which would serve to decarbonize the massive ...

The Biden administration is offering PG&E Corp. a loan of up to $15 billion for a portfolio of projects that includes upgraded hydropower generation, battery storage and transmission lines.

The conditional commitment, which still has to be made final, will help PG&E invest in hydroelectric power generation, batteries and power lines. PG&E, one of the largest utilities in the country ...

WASHINGTON/NEW YORK, Dec 17 (Reuters) - The U.S. Department of Energy said on Tuesday it had offered a conditional loan of up to $15 billion to California-based electric utility PG&E (PCG.N ...