---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-009579"
form_type: "8-K"
ticker: "PCG"
cik: "0001004980"
company_name: "PG&E Corp"
filed_at: "2025-01-21T23:59:59+00:00"
generated_at: "2026-05-27T21:48:03.858877+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# PG&E secures $15B DOE loan guarantee for hydro, battery, transmission projects

## Summary
- PG&E enters $15B DOE loan guarantee (Title XVII) to fund eligible energy infrastructure projects.
- Funds available quarterly until earlier of $15B drawn, Sept 2031, or guarantee termination.
- Interest rate is Treasury rate + 0.375%; increases by 300 bps upon guarantee trigger event.
- Obligations secured by first mortgage bonds; debt-to-capitalization covenant ≤65%.
- Loan matures 22 years after each advance or by Jan 2055; projects include hydro, BESS, transmission, VPP.

## SEC filing metadata
- accession: 0001193125-25-009579
- form_type: 8-K
- ticker: PCG
- cik: 0001004980
- company_name: PG&E Corp
- filed_at: 2025-01-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1004980/000119312525009579/0001193125-25-009579-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/75488/000119312525009579/d858084d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-009579
- JSON: https://secwatch.observer/filing/0001193125-25-009579.json
- Plain text: https://secwatch.observer/filing/0001193125-25-009579.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.