Analysis: PG&E Corporation

US:PCG

Why is PG&E Corporation stock rising?

  • Data-center and large-load pipeline conversion to construction, with about 1.8 GW expected online by 2030
  • CAISO awarded PG&E 25 transmission projects totaling $4.16 billion in the 2025-2026 planning cycle
  • PG&E plans to file a 10-year undergrounding plan in Q3 2026 covering approximately 5,000 miles for 2028-2037

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