POR

Portland General Electric Company (PGE) operates as a vertically integrated electric utility serving approximately 920,000 residential, commercial, and industrial customers in Oregon. Headquartered in Portland, the company generates, transmits, and distributes electricity across a 4,000-square-mile service territory that includes 51 cities and accounts for roughly half of Oregon's population. PGE maintains a diverse generation portfolio with approximately 3,600 megawatts of owned capacity, including hydroelectric, natural gas, wind, and solar facilities. The company operates the Boardman Solar Farm, one of the largest solar installations in the United States, and continues expanding renewable energy resources as part of Oregon's clean energy transition goals. PGE employs approximately 2,800 workers and generated annual revenues exceeding $2.6 billion. As Oregon's largest utility, the company operates under state regulation by the Oregon Public Utility Commission, which oversees rates and service standards. Recent strategic initiatives include advancing grid modernization investments, expanding battery storage capabilities, and pursuing decarbonization targets aligned with state mandates requiring electricity providers to reduce greenhouse gas emissions. The company retired its coal-fired Boardman Power Plant in 2020 and continues investing in transmission infrastructure and renewable generation to meet growing electricity demand while transitioning toward cleaner energy sources.