PG&E Halts Water Infrastructure Negotiations With TUD ...Middle East

Sonora, CA — TUD has been planning to purchase PG&E water infrastructure like Pinecrest Reservoir and Lyons Dam, but those negotiations have been suspended, at least temporarily. PG&E reports that the pause is prompted by a desire to “re-evaluate the long-term strategy” around how to best “optimize the ownership and operation of its power generation assets.” Mike Schonherr, PG&E’s Director of Strategic Agreements, says in a written statement, “I realize TUD has invested a lot of time and energy in this transaction, and that you have a number of public processes underway. We regret any hardships this decision may have caused and hope you can appreciate that PG&E did not make this decision lig

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Last updated : 08 June 2022 clock 09:32 PM

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PG&E Halts Water Infrastructure Negotiations With TUD ...Middle East

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