PG&E in Talks with KKR to Sell Minority Stake in Power Unit

California regulators poised to reject PG&E’s proposed sale PG&E says transaction would help improve credit profile PG&E Corp. is in talks to sell a minority stake in its power generation business to investment firm KKR & Co., a transaction regulators have signaled they don’t intend to support. The California utility announced it would sell the stake in its hydroelectric, natural gas, … Read more