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Portland GE ( (POR) ) has provided an announcement.
Portland General Electric Company is committed to leading Oregon towards a clean energy future with ambitious goals to reduce greenhouse gas emissions by 100% by 2040. Serving nearly half of Oregon’s population, PGE is strategically positioned in a rapidly growing urban area with strong demand from semiconductor and data center sectors. The company plans to expand its renewable portfolio by procuring additional non-emitting resources and has already secured agreements for significant battery storage and hydro contracts, aiming for substantial long-term earnings and dividend growth.
Learn more about POR stock on TipRanks’ Stock Analysis page.