The following report reviews highlights of some of the events and trends affecting global listed infrastructure companies during the past two months. Coverage of the GLIO universe shows a rolling one-year performance (February to February) at 16.1 percent with, the telecom infrastructure (19.5 percent) and utilities (16.4 percent) sectors leading the way.

Global utilities

PG&E Corp. said it is probable its equipment will be determined to be an “ignition point” of the 2018 Camp Fire in California. The company takes a $10.5 billion charge for that fire and an additional $1 billion charge related to 2017 Northern California wildfires.

In February, Engie CEO Isabelle Kocher said the company plans to sell $6.8 billion worth of assets in the next three years as it focuses its investments on energy services, renewable energy and infrastructure. The company has sold $16 billion of mainly coal-related assets in the past three years.