Knitting

PG&E to Stick with Gas, Electric Utility Focus, CEO Says

Even as it eyes hundreds of millions of dollars of additional generation and transmission projects outside of California, Pacific Gas and Electric is going to “stick to its knitting,” which means bread-and-butter natural gas and electricity utility distribution, transmission and generation, according to remarks Tuesday by PG&E Corp. CEO Peter Darbee at the Merrill Lynch Global Power and Gas Leaders Conference in New York City.

October 2, 2006

PG&E to Stick with Gas, Electric Utility Focus, CEO Says

Even as it eyes hundreds of millions of dollars of additional generation and transmission projects outside of California, Pacific Gas and Electric is going to “stick to its knitting,” which means bread-and-butter natural gas and electricity utility distribution, transmission and generation, according to remarks Tuesday by PG&E Corp. CEO Peter Darbee at the Merrill Lynch Global Power and Gas Leaders Conference in New York City.

September 27, 2006