PG&E Nears Deal To Sell Stake To KKR
PG&E Nears Deal To Sell Stake To KKR
Pacific Gas & Electric Co. (NYSE:PCG) is reportedly nearing a deal to sell a stake in its fleet of power plants to KKR & Co. Inc. (NYSE:KKR) in an effort to raise funds needed to upgrade infrastructure and reduce the risk of fire resulting from its power lines.
太平洋天然气和电气公司据报道，纽约证券交易所代码：PCG）即将达成向KKR＆Co出售其发电厂机队股份的协议。Inc.（纽约证券交易所代码：KKR）努力筹集升级基础设施和降低电力线引发的火灾风险所需的资金。
The Details: According to a report from the Wall Street Journal, PG&E said it is seeking regulatory approval to transfer its hydroelectric system and some natural gas, solar and battery facilities, into a new subsidiary called Pacific Generation. PG&E then plans to sell 49.9% of the subsidiary to KKR.
细节：据《华尔街日报》报道，PG＆E表示正在寻求监管部门的批准，以将其水力发电系统和一些天然气、太阳能和电池设施转移到一家名为Pacific Generation的新子公司。然后，PG＆E计划将子公司49.9％的股份出售给KKR。
PG&E said the assets under consideration are valued at nearly $3.5 billion, and analysts estimate the potential deal could be worth between $2 billion and $3 billion.
PG＆E表示，正在考虑的资产价值近35亿美元，分析师估计这笔潜在交易的价值可能在20亿至30亿美元之间。
The California Public Utilities Commission would have to approve the sale and has expressed concerns that allowing investors to own a substantial stake in PG&E's generation portfolio could pose risks. According to the report, the agency has proposed blocking the sale, but has not made a final decision.
加州公用事业委员会必须批准此次出售，并对允许投资者拥有PG＆E发电投资组合的大量股份可能构成风险表示担忧。根据该报告，该机构已提议阻止此次出售，但尚未做出最终决定。
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PCG Price Action: According to Benzinga Pro, Pacific Gas & Electric shares are up 0.29% after-hours at $17.11 at the time of publication Tuesday.
PCG价格走势：根据Benzinga Pro的数据，太平洋天然气和电气公司股价在周二发布时盘后上涨0.29％，至17.11美元。
Photo: Courtesy of Pacific Gas & Electric Co.
照片：由太平洋天然气和电气公司提供
译文内容由第三方软件翻译。