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Portland General Electric Co POR Stock Quote

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Morningstar‘s Stock Analysis POR

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Portland General's Clean Energy Investments Support Growth

Travis Miller Strategist

Business Strategy and Outlook

| Travis Miller |

With an expanding customer base and a service territory with rich renewable energy resources, Portland General Electric, or PGE, has found plenty of growth investments with public policy support. Oregon legislation requires PGE to cut carbon emissions on its system by 80% by 2030 and eliminate carbon emissions by 2040. Achieving these goals while maintaining reliability will require a large step-up in investment during the next two decades.

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Key Statistics POR

Company Profile POR

Business Description

Portland General Electric is a regulated electric utility providing generation, transmission, and distribution services to 917,000 customers representing about half of all Oregon residents. The company owns (wholly or through joint ventures) a total of 3.3 gigawatts of gas, coal, wind, and hydro generation.

121 South West Salmon Street
Portland, OR, 97204
T +1 503 464-8000
Industry Utilities - Regulated Electric
Most Recent Earnings Jun 30, 2022
Fiscal Year End Dec 31, 2022
Employees 2,839

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