PG&E Corporation, a major player in the power generation and distribution sector, has received a positive rating from UBS.

The company's net sales primarily come from power generation and distribution, which accounts for 71.3% of its operations. PG&E has provided electricity to over 5.6 million customers, amounting to 72,933 GWh by the end of 2023.

Additionally, the company is involved in natural gas transportation and distribution, making up 28.7% of its business. PG&E has successfully distributed 6.8 billion cubic meters of natural gas to more than 4.6 million customers. With this diversified approach, PG&E serves a large customer base in both electricity and natural gas services.