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PG&E Sells Headquarters for $18M, Exec Compensation Soars

Elizabeth McCarthy by Elizabeth McCarthy
May 25, 2021
Pacific Gas & Electric announced May 24 it found a buyer for its long-time headquarters in downtown San Francisco. It will sell its buildings on Beale and Market streets near the San Francisco Bay for $800 million to Hines Atlas US LP, a Delaware limited partnership. After 115 years in the City by the Bay,
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Elizabeth McCarthy

Elizabeth McCarthy

Elizabeth McCarthy is Managing Editor and publisher. She co-founded California Current in 2002 after covering energy and water since the early 1990s. She’s reported on a wide variety of topics—from environment to dance—for various publications and organizations near and far. That includes Canary Media, the World Health Organization, Agence France Presse, Harvard University’s Nieman Reports, Oakland Magazine, New Scientist, Sacramento Business Journal and Sacramento News & Review. She was BNA’s Irish correspondent, covering myriad issues—from wave energy to European Union directives. She also worked in Nippon Telegraph & Telephone’s International Legal Office in Tokyo, Japan.

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