PG&E Corp. Enters Material Definitive Agreement

TL;DR

PG&E Corp. signed a big deal on Jan 17, 2025. Details in the 8-K.

AI Summary

On January 17, 2025, PG&E Corp. entered into a material definitive agreement. The filing also includes other events and financial statements and exhibits. The company is incorporated in California and its fiscal year ends on December 31.

Why It Matters

This filing indicates a significant new contract or partnership for PG&E Corp., which could impact its future operations and financial performance.

Risk Assessment

Risk Level: medium — Entering into material definitive agreements can introduce new risks and opportunities that may affect the company's financial stability and operational landscape.

Key Players & Entities

• PG&E Corp. (company) — Filer
• PACIFIC GAS & ELECTRIC Co (company) — Related Company
• 20250117 (date) — Date of Report
• 20250121 (date) — Filing Date

FAQ

Key Financial Figures

• $25 — preferred stock, cumulative, par value $25 per share, 6% nonredeemable PCG-PA
• $15 billion — ances under the Facility may not exceed $15 billion. In connection with the Loan Guarantee
• $10 billion — regate amount of advances cannot exceed $10 billion in any calendar year, and the aggregate
• $5 billion — regate amount of advances cannot exceed $5 billion in calendar year 2028. Advances are su
• $50 million — long-term debt agreements for at least $50 million that contains any financial covenant or
• $200 million — s significant subsidiaries in excess of $200 million (subject to annual adjustment), certain
• $100 million — f the prepayment amount is greater than $100 million. Upon such optional prepayment election

Filing Documents

• d858084d8k.htm (8-K) — 74KB
• d858084dex41.htm (EX-4.1) — 526KB
• d858084dex42.htm (EX-4.2) — 270KB
• d858084dex43.htm (EX-4.3) — 73KB
• d858084dex101.htm (EX-10.1) — 999KB
• g858084g0118112603858.jpg (GRAPHIC) — 4KB
• g858084g0118112604189.jpg (GRAPHIC) — 4KB
• g858084g03a01.jpg (GRAPHIC) — 111KB
• g858084g03a02.jpg (GRAPHIC) — 64KB
• g858084g03a03.jpg (GRAPHIC) — 172KB
• 0001193125-25-009579.txt ( ) — 2979KB
• pcg-20250117.xsd (EX-101.SCH) — 8KB
• pcg-20250117_cal.xml (EX-101.CAL) — 1KB
• pcg-20250117_def.xml (EX-101.DEF) — 20KB
• pcg-20250117_lab.xml (EX-101.LAB) — 37KB
• pcg-20250117_pre.xml (EX-101.PRE) — 21KB
• d858084d8k_htm.xml (XML) — 22KB

Financial Statements and Exhibits

Financial Statements and Exhibits (d) Exhibits. Exhibit No. Description 4.1 Twenty-Sixth Supplemental Indenture, dated as of January 17, 2025, between Pacific Gas and Electric Company and The Bank of New York Mellon Trust Company, N.A., as Trustee 4.2 Note Purchase Agreement dated January 17, 2025, among Pacific Gas and Electric Company, the U.S. Department of Energy, acting by and through the Secretary of Energy, and the Federal Financing Bank 4.3 Future Advance Promissory Note dated January 17, 2025, made by Pacific Gas and Electric Company to the Federal Financing Bank 10.1 Loan Guarantee Agreement, dated as of January 17, 2025, between Pacific Gas and Electric Company and the U.S. Department of Energy, acting by and through the Secretary of Energy 104 Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL document

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalf by the undersigned thereunto duly authorized. PG&E CORPORATION Date: January 21, 2025 By: /s/ Carolyn J. Burke Name: Carolyn J. Burke Title: Executive Vice President and Chief Financial Officer PACIFIC GAS AND ELECTRIC COMPANY Date: January 21, 2025 By: /s/ Stephanie N. Williams Name: Stephanie N. Williams Title: Vice President, Chief Financial Officer and Controller

View Full Filing

View this 8-K filing on SEC EDGAR