PG&E Sells to Chevron.(Brief Article)

Chemical Market Reporter, June, 2000

CHEVRON CORPORATION will purchase a portion of PG&E Corporation's value-added retail energy services business for an undisclosed sum. The sale includes PG&E's energy management, energy efficiency, billing and information services for major commercial, industrial and institutional customers, as well as related infrastructure assets and other products and services.

The transaction is expected to close by July.

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