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PG&E Corporation (PCG) Completes the Calistoga Resiliency Center; Signs $500 Million Term Loan Credit Agreement

By Faheem Tahir | October 01, 2025, 8:16 PM

PG&E Corporation (NYSE:PCG) is one of the 20 NYSE Stocks with the Lowest P/E Ratios.

PG&E Corporation (PCG) Completes the Calistoga Resiliency Center; Signs $500 Million Term Loan Credit Agreement
A vast oil and gas rig silhouetted in the sunset, capturing the power of Swift Energy Company.

In partnership with Energy Vault Holdings, PG&E Corporation (NYSE:PCG) announced the completion of the Calistoga Resiliency Center on September 25, 2025, through its Pacific Gas and Electric Company subsidiary. The $28 million hybrid microgrid uses lithium-ion batteries and hydrogen fuel cells to deliver 8.5 megawatts of electricity for up to 48 hours during Public Safety Power Shutoffs, serving approximately 1,600 customers.

This is the largest and first entirely renewable installation under PG&E Corporation (NYSE:PCG)’s microgrid strategy, which has deployed 13 systems since 2021. The project is managed by Energy Vault’s VaultOS platform.

On September 24, 2025, PG&E Corporation (NYSE:PCG) also signed a $500 million term loan credit agreement with a consortium of lenders led by Wells Fargo, maturing in September 2026. The loan, secured by first-mortgage bonds under standard covenants, will fund infrastructure improvements and enhance liquidity.

PG&E Corporation (NYSE:PCG), through Pacific Gas and Electric Company, generates electricity and natural gas in northern and central California using nuclear, hydroelectric, fossil fuel, fuel cell, and photovoltaic energy sources. It is one of the Stocks with Low PE Ratio.

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READ NEXT: 15 Stocks That Will Benefit From AI and 14 Best IT Stocks to Buy for the Long Term.

Disclosure: None.

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