PG&E in talks with KKR to sell interest in utility firm Pacific Generation

PG&E in talks with KKR to sell interest in utility firm Pacific Generation

FILE PHOTO: Trading information for KKR & Co is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 23, 2018. REUTERS/Brendan McDermid/File Photo

PG&E said on Tuesday it had entered into exclusive negotiations to sell a minority interest in Pacific Generation to KKR & Co’s unit, as the utility firm seeks funding to improve its energy grid.