PG&E in Talks with KKR to Sell Minority Stake in Power Unit

-- 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.Binance and CZ’s Fortunes Are Set to Grow, Even in JailThe California utility announced it would sell the stake in its hydroelectric, natural gas, solar and battery storage facilities as part of a plan to spin off its non-nuclear generation unit.

TALLAHASSEE, Fla. — Florida, perhaps the most vulnerable state to sea-level rise and extreme weather, is on the verge of repealing what's left of a 16-year-old law that lists climate change as a priority when making energy policy decisions. Instead, the state would make energy affordability and availability its main focus. A bill waiting to be signed by Republican Gov. Ron DeSantis would strip the term “climate change” from much of state law and reverse a policy then-Gov.

“I guess just a PSA to investors out there: You only get eventual justice with the SEC, if you even get that,” Asana CEO Dustin Moskovitz said."We expect, in any case, that the Fed's communications after the FOMC meeting this week will have a uniformly hawkish tone," Macquarie said.Investing in high-yield dividend stocks such as Diversified Royalty can help you begin a stable stream of recurring income.

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PG&E In Talks with KKR to Sell Minority Stake in Power BusinessPG&E Corp. said it’s in talks to sell a minority stake in its power generation business to investment firm KKR & Co. in a transaction that regulators have signaled they don’t intend to support.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

KKR in Talks With Private Credit Funds to Finance Perpetual BidKKR & Co. has held talks with a number of private credit funds for a debt package of at least A$800 million ($525 million) to support its bid for Perpetual Ltd.’s corporate trust and wealth management units, according to people familiar with the matter.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

BlackRock, KKR Sell Adnoc Oil Pipeline Stake to Abu Dhabi FirmBlackRock Inc. and KKR & Co. sold their 40% stake in Adnoc’s oil pipeline network to an Abu Dhabi-based firm five years after acquiring the asset in a deal that marked the first investment by foreign asset managers in the infrastructure of a Gulf state-owned energy company.
Source: BNNBloomberg - 🏆 83. / 50 Read more »