PG&E Corporation is a holding company. The Company's primary operating subsidiary is Pacific Gas and Electric Company (the Utility), which operates in northern and central California. The Utility is engaged in the sale and delivery of electricity and natural gas to customers. The Utility generates electricity and provides electricity transmission and distribution services throughout its service territory in northern and central California to residential, commercial, industrial, and agricultural customers. The Utility provides bundled services (electricity, transmission and distribution services) to various customers in its service territory. As of December 31, 2016, the Utility owned approximately 18,400 circuit miles of interconnected transmission lines operating at voltages ranging from 60 kilovolt to 500 kilovolt. As of December 31, 2016, the Utility also operated 92 electric transmission substations with a capacity of approximately 64,600 megavolt ampere (MVA).
http://www.pgecorp.comPG&E Corporation is one of the largest electric power corporations in the United States. Best known for its subsidiary, Pacific Gas and Electric Company, a utility company that supplies electricity and gas to more than 5 mn households across the country, primarily in California. It is also the largest investor in financing local electricity producers using alternative energy - solar and wind.
As of the end of 2020, PG&E Company employed approximately 24,000 full-time employees and generated nearly $18.5 bn in annual revenue. The market capitalization of the parent corporation for 2019 was $3.2 bn.
Investments and shares
The company's shares are a component of the Russell 1000 index and are traded on the NYSE under the ticker PCG and are available to private investors and traders.
How to buy PG&E shares?
Just2Trade provides an opportunity to invest in the assets of Pacific Gas and Electric Corporation. To do this:
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