Tag Archives: Investment

PG&E chairman announces company will spend millions on improvements

January 20, 2012

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Utility to spend nearly $400 million on gas and electrical infrastructure in an effort to repair its tarnished reputation. Acknowledging that the company’s reputation is “in tatters,” PG&E’s new Chairman and Chief Executive Officer Anthony Earley announced Thursday the utility will spend $400 million over the next two years to improve its electrical and natural [...]

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PG&E Proposes Spending $769M To Test Gas Pipelines, $2.2B Overall

August 29, 2011

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PG&E Corp. (PCG) on Friday proposed spending $769 million over three years to test its natural gas pipelines as part of a $2.2 billion pipeline safety program, following a deadly pipeline explosion last year. PG&E said it will pressure-test all of its untested pipe segments and expand use of automated pipeline shut-off valves. The utility [...]

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