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eFinanceMarkets

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Re: TREND1 post# 1

Sunday, 01/14/2018 6:21:27 PM

Sunday, January 14, 2018 6:21:27 PM

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$PCG California regulators approve proposals by utilities PG&E (NYSE:PCG), Southern California Edison (NYSE:EIX) and Sempra Energy (NYSE:SRE) to spend $41M on electric vehicle charging projects to help the state reduce greenhouse gases.

The California Public Utilities Commission yesterday said the companies can move forward with pilot initiatives designed to speed the electrification of school buses, ports and delivery trucks.

Part of the plan still awaiting approval from the PUC is a $550M investment in medium- and heavy-duty vehicle charging to help grow the transportation electrification market over five years.

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