KKR Jan 2025 50.000 call
- Bloomberg
PG&E in Talks with KKR to Sell Minority Stake in Power Unit
(Bloomberg) -- PG&E Corp. is in talks to sell a minority stake in its power generation business to investment firm KKR & Co., a transaction regulators have signaled they don’t intend to support. Most Read from BloombergTesla Axes Supercharger Team in Blow to Broader EV MarketTraders Expect Biggest Fed-Day Move in S&P Since 2023, Citi SaysAmazon Reports Strong Cloud Unit Sales on Rising AI DemandPot Stocks Surge on Report DEA Set to Reclassify MarijuanaHSBC CEO Quinn Unexpectedly Steps Down After
- Reuters
PG&E in talks with KKR to sell interest in Pacific Generation
PG&E said on Tuesday it had entered into exclusive negotiations to sell a minority interest in Pacific Generation to KKR & Co's unit, as the utility firm seeks funding to improve its energy grid. PG&E has been blamed for sparking numerous wildfires, including some of California's most deadly, and has been making investments to improve the reliability of its power grid. "We believe an investment from KKR would immediately enhance our financial position as we continue our pursuit of a clean energy future," CFO Carolyn Burke said.
- Zacks
KKR & Co. (KKR) to Report Q1 Earnings: What's in Store?
KKR & Co. (KKR) is expected to have recorded an increase in the AUM balance in Q1, driven by inflows. This is expected to have supported the company's earnings.
