PG&E Corporation (NYSE: PCG) is considered one of the best stocks to buy under $20. On September 29, PG&E Corporation announced an ambitious plan to invest $73 billion by 2030 in transmission upgrades.
This major investment aims to address the surge in electricity demand, which is primarily driven by data centers and the growing adoption of artificial intelligence (AI) technologies.
The extensive upgrade project is expected to enhance the reliability and capacity of the electrical grid, positioning PG&E to meet future energy needs effectively.
https://ca.finance.yahoo.com/news/pg-e-unveils-73b-plan-205444585.html