PG&E
PG&E or Pacific Gas and Electric Company isn’t likely the most attractive for investors despite it being a utility brand. This is because it made the news in recent years for the wrong reasons. In 2019, it was reported that over the course of six years, it had caused plenty of fires, the reason it now faces a string of lawsuits.
Silver Point Capital, however, remained a staunch supporter of the company and has even bought 1.3 million shares in 2020. PG&E now makes for 46.3 percent of the Greenwich, Connecticut firm’s holdings.
