PG&E CEO Poppe Sees No Credit Upgrades Until Fire Season Ends

While PG&E Corp. was upgraded by one of the major ratings firms last month, California’s biggest utility doesn’t expect others to follow suit until after wildfire season.

There is “definitely still risk ahead” when it comes to wildfires, even with the recent heavy rains that hit the state, PG&E Corp. Chief Executive Officer Patti Poppe said in an interview. “We’re still definitely on watch and on the ready.”