PG&E upgraded to investment grade by Fitch on wildfire risk progress
PositiveFinancial Markets

PG&E has received an upgrade to investment grade from Fitch Ratings, a significant milestone that reflects the company's progress in managing wildfire risks. This upgrade is crucial as it not only enhances PG&E's financial stability but also boosts investor confidence, which is vital for funding future safety improvements. As California continues to grapple with wildfire threats, this positive development indicates that PG&E is taking meaningful steps to mitigate risks and protect communities.
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