Poland's PGE Identifies Premises for Impairment Tests Amidst Geographical Focus on Poland and EU.

Monday, Jul 7, 2025 11:15 am ET1min read
PCG--

Polska Grupa Energetyczna S.A. is a leading Polish electricity producer with sales breakdown by activity: electrical and natural gas electricity supply (37.4%), production of conventional electricity (26%), lignite mine exploration, electricity distribution network operation (16.6%), heat production (8.9%), electricity and fuel consumption from railway companies (8.1%), and production of electricity based on renewable energies (2.4%). Sales are primarily generated in Poland (99.9%) and the European Union (0.1%).

PG&E Corporation, through its subsidiary, Pacific Gas and Electric Company (PG&E), is a prominent utility company serving northern and central California, United States. The company specializes in the sale and delivery of electricity and natural gas to residential, commercial, industrial, and agricultural customers. PG&E generates electricity using a diverse range of sources, including nuclear, hydroelectric, fossil fuel-fired, fuel cell, and photovoltaic technologies [1].

PG&E's operations are extensive, encompassing interconnected transmission lines, electric transmission substations, distribution lines, switching and distribution substations, and a natural gas transmission, storage, and distribution system. This infrastructure serves a broad spectrum of customers, from individual households to large-scale industrial facilities. The company's roots date back to 1905, with its headquarters located in Oakland, California [1].

With a significant workforce of 28,410 full-time employees, PG&E plays a critical role in the energy sector, contributing to the region's economic and environmental stability. The company's fiscal year ends on December 31, and it operates under the "Utilities - Regulated Electric" industry classification [1].

References:
[1] https://finance.yahoo.com/quote/PCG/

Poland's PGE Identifies Premises for Impairment Tests Amidst Geographical Focus on Poland and EU.

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