PG&E’s Common Stock ATM Program

Cravath represented PG&E Corporation in connection with establishing its registered $400 million at‑the‑market common stock program. PG&E Corporation, through its subsidiary, Pacific Gas and Electric Company, engages in the sale and delivery of electricity and natural gas to customers in northern and central California. The transaction closed on April 30, 2021.

The Cravath team included partners C. Daniel Haaren and Nicholas A. Dorsey and associates Michael P. E. Dooley, Margaret R. Fleming and Ori Oren on capital markets matters, partner Andrew W. Needham and associates Arvind Ravichandran and Kyle R. Jorstad on tax matters, and practice area attorney Sarah W. Colangelo on executive compensation and benefits matters.