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KKR may pick up minority stake in Pacific Generation from PG&E

PG&E announced exclusive talks with KKR & Co s unit to sell a minority stake in Pacific Generation for grid improvements. Facing wildfire blame, the utility seeks financial backing. CFO Burke anticipates KKR s investment will boost their finances, supporting a cleaner energy future. Estimated at $3.5 billion, Pacific Generation will remain majority-owned by PG&E. ....

United States , Carolyn Burke , Pacific Generation , Kkr Buys , Kkr New Acquisition , Pg Amp E , Clean Energy Future ,