PG&E CEO Poppe Sees No Credit Upgrades Until Fire Season Ends

Market Intelligence Analysis

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Why This Matters

PG&E CEO Poppe states that the company does not expect credit upgrades from major ratings firms until after the wildfire season ends.

Market Impact

Moderate negative impact on PG&E's stock price and credit rating, as investors may view the lack of credit upgrades as a negative sign.

Sentiment
Bearish
AI Confidence
70%

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

While PG&E Corp. was upgraded by one of the major ratings firms last month, California’s biggest utility doesn’t expect others to follow suit until after wildfire season.

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Original article published by Bloomberg on October 24, 2025.
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