News Releases

News Releases
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Jan. 25, 2006
Portland, Ore. - Jan. 25, 2006 - Portland General Electric today announced the appointment of six new members of its board of directors who will help guide PGE as it becomes a publicly traded, Oregon-based company. Five of the new board members live in Oregon. Their appointment is effective immediately."These individuals are smart, exper...
Feb. 27, 2006
Feb. 27, 2006 Portland, Ore. – Portland General Electric Company today announced that it intends to list its common stock on the New York Stock Exchange (NYSE) under the NYSE stock symbol POR. "We are pleased to welcome Portland General Electric back to our family of NYSE-listed companies," said NYSE President and co...
Mar. 15, 2006
Portland, Ore. — Continued increases in the cost of wholesale power, sustained high natural gas costs and a new generating plant are the largest factors putting upward pressure on retail prices, Portland General Electric stated in a filing with regulators today. PGE's rate case filing with the Oregon Public Utility Commission (OPUC) estimates ...
Mar. 22, 2006
PORTLAND, Ore.--(BUSINESS WIRE)--March 22, 2006--Portland General Electric Company (PGE) today announced that it has selected Banc of America Specialist™ to serve as the company's specialist -- essentially the day-to-day market maker of a company's stock -- when PGE's common stock begins trading on the New ...
Apr. 3, 2006
April 3, 2006 -- Portland, Ore. — The plan to return Portland General Electric (PGE) to a publicly traded, Oregon-based utility officially took effect today when PGE ownership was transferred from Enron to creditors by issuing new common stock."April 3 marks an important turning point for PGE that will be forever remembered in our ...
Apr. 7, 2006
Portland, Ore. — Portland General Electric (NYSE: POR) today announced that it will make its first presentation to the investment community on Tuesday, April 11, 2006. The presentation is Portland General Electric's first as an independent company; the utility officially became independent from former parent company Enron Corp. on Monday, Apri...
Apr. 10, 2006
April 10, 2006 — New York, N.Y. — Portland General Electric (NYSE: POR) CEO and president Peggy Fowler is ringing The Opening Bell of the New York Stock Exchange (NYSE) today at 9:30 a.m. EDT. Regular-way trading of Portland General Electric's (PGE) common stock is anticipated to begin Monday, April 10, signifying the utility's return to ...
Apr. 11, 2006
PORTLAND, Ore., Apr 11, 2006 (BUSINESS WIRE) -- Portland General Electric (NYSE:POR) today announced it has executed an agreement with Orion Energy, LLC to acquire the development rights for the 25,000-acre Biglow Canyon Wind Farm in Sherman County, Ore. The Oregon Public Utility Commission (OPUC) is currently reviewing the agreement and is ex...
May 1, 2006
PORTLAND, Ore., May 01, 2006 (BUSINESS WIRE) -- Portland General Electric (NYSE:POR) announced today that on Tuesday, April 25, 2006, Portland General Electric (PGE) and certain institutional buyers in the private placement market entered into an agreement under which PGE will sell and the buyers will purchase $275 million of PGE's First Mortgage ...
May 1, 2006
PORTLAND, Ore., May 01, 2006 (BUSINESS WIRE) -- Portland General Electric (NYSE:POR) today announced its coal-fired Boardman Power Plant will remain offline for most of May. Portland General Electric (PGE) had previously stated the Boardman plant, which has been out of service since October 22, 2005, for repairs, would be ready to operate around t...
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