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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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February 13, 2015
05:29 EDTPORPortland General Electric sees FY15 retail deliveries growth of approximately 1%
Sees average hydro conditions and normal thermal plant operations in 2015. Sees FY15 operating and maintenance costs between $510M-$530M; Sees FY15 depreciation and amortization expense $300M-$310M; Sees FY15 CapEx $629M.
05:27 EDTPORPortland General Electric reports Q4 EPS 55c, consensus 52c
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05:27 EDTPORPortland General Electric sees FY15 EPS $2.20-$2.35, consensus $2.28
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