Dow Jones Newswires: PG&E finalizes $860 million green bond issuance

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Pacific Gas and Electric Co. PCG on Tuesday said its subsidiary, PG&E Recovery Funding, LLC, recently finalized an $860 million green bond issuance that will finance electric work that has “significant environmental benefits.”

Investments financed by the bonds will include efforts to harden the electrical system and other electric system improvements, the company said.

The…

This article was originally published by Marketwatch.com. Read the original article here.

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