The Biden administration will provide a record $15 billion low-interest loan commitment to California utility company PG&E to support hundreds of projects aimed at fighting the effects of climate ...

The Biden administration has finalized a $15B loan guarantee to PG&E (NYSE:PCG), the biggest in the history of the U.S. Department of Energy's Loan Programs Office, Bloomberg reported Friday.

The Department of Energy’s Loan Program Office announced Tuesday it had given ... The loan will also give PG&E the capability to create virtual power plants — or systems that combine small ...

48% for PG&E, and 57% for San Diego Gas & Electric, according to the report prepared by Helen Kerstein, an analyst in the office’s environment and transportation unit. The report determined that ...

President Joe Biden's administration is rushing to push out billions of dollars in financing from the Loan Programs Office ... and economic growth," PG&E CEO Patti Poppe said in a statement.

A report published last month from the Public Advocates Office, which represents consumers in utility rate cases before the state’s Public Utilities Commission, said PG&E’s rate increases were ...

of Energy’s (DOE) Loan Programs Office (LPO). The Jan ... The DOE initially announced its plan to award funding to PG&E on Dec. 17 of last year, meaning the loan was finalized in only a month ...