PG&E will move headquarters to downtown Oakland, leaving San Francisco

PG&E will move headquarters to downtown Oakland, leaving San Francisco

3 years ago
Anonymous $-9GJQVHNr8

https://www.mercurynews.com/2020/06/08/pge-headquarters-downtown-oakland-exit-san-francisco-fires-wildfires-bankruptcy-jobs-economy-commercial-real-estate-office-gas-electric/

OAKLAND — PG&E will shift its headquarters to downtown Oakland starting in 2022 in an unexpected exit from San Francisco, the disgraced utility announced Monday, marking a major jobs coup for the East Bay’s largest city.

The revelation of PG&E’s shift to downtown Oakland — which would end more than a century of being headquartered in San Francisco — arrives during the final stages of the embattled utility’s bankruptcy, a court case spawned by PG&E’s financial woes in the wake of a string of lethal and disastrous wildfires in recent years.