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Stock Market & Financial Investment News

News Breaks
January 31, 2013
16:47 EDTPORPortland General Electric to build additional natural gas plant at Port Westward
Portland General Electric announced its proposed Port Westward Unit 2 flexible generating resource, to be located near Clatskanie, was selected as the successful bid in a capacity request for proposals to help meet customer needs and provide system reliability. PGE will begin construction of the plant this year, and expects to have the new resource online in 2015. Port Westward Unit 2 was the company's benchmark proposal in a competitive bidding process seeking approximately 200 megawatts of flexible peaking capacity. The process was initiated in 2011 and overseen by an independent evaluator who reports to the Oregon Public Utility Commission.
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May 22, 2013
17:32 EDTPORPortland General Electric increases quarterly dividend to 27.5c per share
The board of Portland General Electric Company declared a quarterly common stock dividend of 27.5c per share, up from last quarter's dividend of 27c per share. The dividend is payable on or before July 15 to shareholders of record at the close of business on June 25.

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