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flag PG&E plans $73B in grid upgrades by 2030, backed by new laws and financial stability.

flag PG&E plans $73 billion in capital investments through 2030 to strengthen its grid, including 700 miles of underground lines and 500 miles of wildfire safety upgrades, amid rising climate risks and demand from data centers. flag The move follows California’s passage of SB 254, which reduces PG&E’s wildfire fund contribution by 25% starting in 2029 and provides financial protections. flag The utility expects stable or declining customer bills in 2027 and projects 9% annual rate base growth, signaling improved financial stability after bankruptcy.

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