PG&E Corporation Company Description
Utility holding company PG&E Corporation is still recharging its batteries after losing power and declaring bankruptcy following California's energy crisis and the ensuing collapse of the wholesale energy trading industry. Its Pacific Gas and Electric utility serves approximately 5.1 million electric customers and 4.3 million natural gas customers in California. The utility (which was founded in 1905) is also engaged in electricity generation; procurement and transmission; and natural gas procurement, transportation and storage.
View the Comprehensive Company Description for PG&E Corporation
The Company Description provides a historical perspective of PG&E Corporation's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of PG&E Corporation's evolution in the marketplace.
