PG&E, MidAmerican Transmission, Citizens Energy Corporation to develop 70-mile electric transmission line

PG&E, MidAmerican Transmission, Citizens Energy Corporation to develop 70-mile
                          electric transmission line

New Line Will Bring Customers in the Central Valley of California Improved
Reliability, Jobs, More Renewable Energy

PR Newswire

SAN FRANCISCO, Nov. 15, 2013

SAN FRANCISCO, Nov. 15, 2013 /PRNewswire/ --Pacific Gas and Electric Company
(PG&E), MidAmerican Transmission, LLC (MidAmerican Transmission) and Citizens
Energy Corporation (Citizens Energy) have been chosen by the California
Independent System Operator Corporation (ISO) to develop, own and operate a
new transmission line in the Central Valley region of California.

The 230-kilovolt (kV) line will span about 70 miles across Fresno, Madera and
Kings counties, running from the Gates to Gregg substations, which are owned
and operated by PG&E. Approved by the ISO to address the growing power demand
in the greater Fresno area, the new line will help reduce the number and
duration of power outages, create jobs and support economic development, and
bolster efforts to integrate clean, renewable energy onto the grid. The
transmission line would be operational no later than 2022, and could come on
line earlier.

"This new transmission line not only will enable PG&E to safely, reliably and
affordably serve our customers in the Central Valley, it will create new much
needed jobs in the region," said Geisha Williams, executive vice president of
electric operations at PG&E. "The greater Fresno area is recognized nationally
as a leader in agricultural business, and PG&E is pleased to partner with
MidAmerican Transmission and Citizens Energy to modernize the region's
electric system in order to enhance California's long-term economic vitality."

"Today's energy infrastructure is adapting to meet the demands for greater
renewable sources, while continuing the reliable service to customers," said
John Cupparo, president, MidAmerican Transmission. "This collaboration with
PG&E and Citizens Energy is evidence of MidAmerican Transmission's continued
investment to ensure that California's energy infrastructure keeps pace with
these evolving demands."

"We're proud to work with PG&E and MidAmerican Transmission on this terrific
project and look forward to sharing the benefits of our work with the
low-income families of the Central Valley," said Citizens Energy Chairman and
President Joseph P. Kennedy II.

The ISO approved the project during its annual Transmission Planning Process
in March. The ISO chose the consortium of PG&E, MidAmerican Transmission and
Citizens Energy over four other qualified bidders in a competitive process.
The project is the second to be approved under new ISO rules that require
certain new transmission projects be subject to competition.

The project will need to undergo an approval process through the California
Public Utilities Commission. PG&E, MidAmerican Transmission and Citizens
Energy will work collaboratively with local stakeholders to determine the
optimal routing of the line as part of the approval process.

Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:
PCG), is one of the largest combined natural gas and electric utilities in the
United States. Based in San Francisco, with 20,000 employees, the company
delivers some of the nation's cleanest energy to 15 million people in Northern
and Central California. For more information, visit
http://www.pge.com/about/newsroom/ and www.pgecurrents.com.

MidAmerican Transmission, a wholly owned subsidiary of MidAmerican Energy
Holdings Company, is engaged in the development of electric transmission
facilities. MidAmerican Transmission has invested in transmission in several
regions in the U.S. and is evaluating opportunities to further develop
electric transmission facilities in organized and traditional markets in the
U.S. and Canada. MidAmerican Transmission has formed a subsidiary, MidAmerican
Central California Transco, to participate in the consortium. Additional
information about MidAmerican Transmission is available at
www.midamericantransmission.com.

Through its subsidiaries, MidAmerican Energy Holdings Company provides
electric and natural gas service to more than 7 million customers worldwide,
operates an extensive 18,000-mile electric transmission system, a natural gas
local distribution system, and interstate natural gas pipeline systems
totaling nearly 17,000 miles. Learn more at www.midamerican.com.

Citizens Energy Corporation was launched in 1979 by Joseph P. Kennedy II to
use revenues from successful oil industry ventures to help lower the cost of
heating for senior citizens and low-income families suffering from the
petroleum price shocks of the time. The non-profit company expanded operations
into the natural gas and electric power industries, all the while using its
profits to help the poor. In addition, Citizens Energy started successful
ventures in the pharmaceutical drug and health care fields, lowering the costs
of life-saving drugs and medical care for ordinary working families. While
still providing heating assistance in 26 states, Citizens has launched
innovative wind, solar, and transmission businesses to help make life's basic
needs more affordable for the poor.

SOURCE Pacific Gas and Electric Company (PG&E)

Website: http://www.pge-corp.com
Contact: PG&E Corporate Relations - (415) 973-5930, MidAmerican Transmission -
Kelly Groehler, 515-281-2582, kgroehler@midamerican.com, Citizens Energy -
Brian O'Connor, brianoconnor@citizensenergy.com
 
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