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PG&E Weighs Gas Business Separation Over California Fire Rules

PG&E Corp. said it may spin off, sell or otherwise separate its natural gas business if California doesn’t overhaul its wildfire liability rules. The utility’s 4 million gas customers are bearing borrowing costs associated with the company’s sub-investment-grade credit because …

PG&E Weighs Gas Business Separation Over California Fire Rules

We haven't written up this one. Insurance Journal has the full story — the link below goes straight to it.

Read the original at insurancejournal.com →

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