Accountants refer to them as “capital expenditures.” But most of us know them as pipes and wires, transformers and gas valves, nuts and bolts. PG&E is among 25 companies in the Fortune 200 — excluding financial firms — spending the most on capital investment in the United States. Interestingly, most of those companies are in the energy sector. And that’s a good thing. For one, energy is a job-creating engine. But much more than that, energy infrastructure investments are laying the groundwork for our economy’s future strength and competitiveness.
Posted on: Wed, 16 Jul 2014 18:07:14 +0000