PG&E Corp is a holding company whose primary subsidiary, Pacific Gas and Electric Company, is a regulated electric and natural gas utility serving customers across Central and Northern California. The utility distributes electricity and natural gas to millions of residential, commercial, industrial, and agricultural customers in dozens of California counties. It owns and operates generation facilities, including nuclear, hydroelectric, and natural gas plants, alongside transmission and distribution infrastructure. Revenue comes mainly from regulated rates for electricity and gas delivery, set by the California Public Utilities Commission and the Federal Energy Regulatory Commission. PG&E has operated under bankruptcy court supervision twice, first during California's energy crisis and later following catastrophic wildfire liabilities. The company divested its unregulated businesses after its first reorganization and now focuses on its core regulated utility operations.

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Insider Buy

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