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Fitch Affirms PCG/PG&E’s IDRs at ‘BBB+’; Outlook Revised to Positive

NEW YORK–(BUSINESS WIRE)–Fitch Ratings has affirmed the short- and long-term Issuer Default Ratings (IDR) and securities ratings of PG&E Corporation (PCG) and its primary operating utility subsidiary, Pacific Gas and Electric Company (PG&E), at ‘BBB+’. In addition, Fitch has revised PCG and PG&E’s Rating Outlooks to Positive from Stable. Approximately $16.7 billion of consolidated PCG debt is affected by the rating action. A full list of ratings is included at the end of this rele