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PG&E in a 'holding pattern'.(Brief Article)
California's energy crisis is hitting home.
PG&E NATIONAL ENERGY GROUP's plans to move 650 jobs and its headquarters from Bethesda to the TOWER COS.' new development in Rockville have hit a snag.
The energy group, an arm of San Francisco-based PG&E, has had difficulty financing its planned 450,000-square-foot complex at the TOWER OAKS project off Interstate 270.
Hesitancy among creditors stems from problems at another PG&E company -- PACIFIC GAS & ELECTRIC. California energy problems have brought the Golden State's two electric utilities -- Pacific Gas & Electric and SOUTHERN CALIFORNIA EDISON -- into financial and …
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Magazine article from: Washington Business Journal
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News wire article from: Contra Costa Times (Walnut Creek, CA)
August 14, 2003
700+ words
