 PGE Corporation together with Pacific Gas and Electric Company, PGE today announced that the underwriters of its previously announced underwritten public offering of equity units, which closed on July 1, 2020, have exercised in full their over-allotment option to purchase an additional 1,454,545 prepaid forward stock purchase contracts to create 1,454,545 equity units the additional equity units issuance, for total net proceeds to PGE Corporation before estimated offering expenses of approximately 119 million. The underwriters option to purchase up to an additional 42,337,263 shares of common stock expired without exercise. PGE Corporation expects to settle the additional equity units issuance on August 3, 2020. 