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PG&E and PacGen: A risky proposal for the Yuba River, our community, and ratepayers.
PG&E proposes to transfer all its hydroelectric assets to a new company – Pacific Generation (PacGen) This is the biggest and first-ever transfer of hydropower assets in California. SYRCL believes that this transfer would benefit PG&E shareholders at the expense of California ratepayers, the Yuba River, dam safety, and the public interest.