News Releases

News Releases

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Toggle Summary Portland General Electric schedules earnings release and conference call for Friday, October 30
PORTLAND, Ore. , Sept. 30, 2020 /PRNewswire/ --  Portland General Electric Company (NYSE: POR) announced today that it will host an analyst conference call and webcast at 11 a.m. ET on Friday, October 30 to review its third quarter 2020 financial results.
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Toggle Summary Portland General Electric continues to prioritize customer safety
Sept. 10, 2020 Portland, Ore. — Since the onset of the historic windstorm and high-risk wildfire conditions began on Monday, Portland General Electric has proactively cut power to eight different high-risk fire areas in addition to the public safety power shutoff in the Mt. Hood corridor.
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Toggle Summary Portland General Electric prioritizes customer safety
Cut power in 8 different high-risk fire areas, in addition to the public safety power shutoff in Mt. Hood corridor Sept. 9, 2020 Portland, Ore. — Portland General Electric is working with state and community leaders and emergency responders throughout our service area to protect people and property
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Toggle Summary Portland General Electric Announces it No Longer Has Net Exposure to the Market Relating to Previously Disclosed Energy Trading Positions; Reports Total Third Quarter Losses on these Positions of $128 Million
Raises Lower End of Guidance: Updates Full-Year 2020 Guidance to $1.40 to $1.60 Per Diluted Share PORTLAND, Ore. , Sept. 2, 2020 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) ("PGE" or the "Company") today announced that it no longer has net market exposure from the energy trading
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Toggle Summary Portland General Electric Provides Business Update
Third Quarter Realized Losses of $104 Million and Unrealized Mark-to-Market Losses of $23 Million in the Company's Energy Trading Portfolio as of August 24, 2020   Total Third Quarter Losses in the Portfolio are Estimated to be Up to $155 Million Subject to Market Conditions   No Impact on Customer
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Toggle Summary Portland General Electric announces second quarter 2020 results
- Strong second quarter results driven by favorable regional power conditions and lower operating expense   - Capital plan for 2020, including major capital projects, remains on track   - Maintaining earnings guidance of $2.20 to $2.50 per diluted share PORTLAND, Ore.
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Toggle Summary Portland General Electric declares dividend
PORTLAND, Ore. , July 29, 2020 /PRNewswire/ -- On July 29, 2020 , the board of directors of Portland General Electric Company (NYSE: POR) approved an increase in the annual dividend of  5.8%, or nine cents per share, declaring a quarterly common stock dividend of 40.75 cents per share.
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Toggle Summary Portland General Electric schedules earnings release and conference call for Friday, July 31
PORTLAND, Ore. , July 8, 2020 /PRNewswire/ --  Portland General Electric Company (NYSE: POR) announced today that it will host an analyst conference call and webcast at 11 a.m. ET on Friday, July 31 to review its second quarter 2020 financial results.
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Toggle Summary PGE program will transform hundreds of homes into a virtual power plant
Oregon Public Utility Commission gives residential battery storage pilot a green light PORTLAND, Ore. , July 1, 2020 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) is set to launch a pilot program that will incentivize installation and connection of 525 residential energy storage
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Toggle Summary Portland General Electric and Douglas County PUD partner to advance the Northwest's clean energy goals
PORTLAND, Ore. , May 13, 2020 /PRNewswire/ --  Portland General Electric Company (NYSE: POR) and Douglas County Public Utility District No. 1 are partnering to optimize the region's resources in support of clean energy for customers. The two Northwest utilities have signed a five-year power
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