Utility company Pacific Gas & Electric (PCG) topped second quarter earnings and revenue estimates. The company had previously filed for Chapter 11 bankruptcy...
"We are shaping a culture of performance with the foundation of safety, both physical and financial safety , and upon that foundation, our turnaround has been built.""We have all manner of physical protections that are in place to keep our customers safe. And then in the event of an ignition, whether it's caused by utility equipment or not, we have a whole nother set of layers of protection.
And then in the event of an ignition, whether it's caused by utility equipment or not, we have a whole another set of layers of protection. Artificial intelligence is a fundamental element of our foundation of safety and also our operational improvements which I'll be happy to talk about. Speaking of A I it's not only powering what you do, you're also powering it, of course, um data centers, we have been talking a lot about that here at Yahoo Finance.Yeah, the demand is definitely up.And I would suggest that uh the utilities and particularly PG and E given where we are located are really part of the ancillary beneficiaries of this mega trend of data centers and load growth.
Uh And I think that's a very exciting time uh in our sector and I think it makes our utilities a lot more growth than they were in the past. Olympics live updates: ‘Weird’ Opening Ceremony features rain, boats and Celine Dion to kick off Paris games
PG&E Financial Turnaround Pacific Gas & Electric Revenue Estimates Bankruptcy Filings Julie Hyman Chapter 11 Bankruptcy Utility Company Financial Safety
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