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Portland General Electric Company Announces Pricing of a Public Offering of 9,467,455 Shares of Common Stock
Portland General Electric plans to use proceeds from a $480 million stock offering to invest in renewable energy and non-emitting dispatchable capacity tied to its 2023 All-Source RFP.
- On February 17, 2026, Portland General Electric Company announced the offering, expected to close on February 19, 2026, with proceeds funding renewable projects.
- PGE intends to apply net proceeds to corporate needs and renewable investments, with settlement expected within 24 months, aligning with emissions commitments.
- The underwriters hold a 30-day option to buy up to 1,380,670 additional shares, with a final prospectus supplement to be filed with the SEC and made available via EDGAR or the underwriters.
- All offered shares fall under PGE's SEC shelf registration; if forward purchasers do not deliver, PGE will issue shares to the underwriters, and the release is not an offer to sell.
- Serving 950,000+ customers, Portland General Electric highlights community contributions: in 2024, donations of $5.5 million and nearly 23,000 volunteer hours.
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+14 Reposted by 14 other sources
Portland General Electric Company Announces Pricing of a Public Offering of 9,467,455 Shares of Common Stock
PORTLAND, Ore., Feb. 17, 2026 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) ("PGE" or the "Company"), an integrated energy company, today announced that it has priced an underwritten public offering of 9,467,455 shares of its common stock, all of…
+4 Reposted by 4 other sources
Portland General Electric Company Announces Public Offering of $480,000,000 of Shares of Common Stock
PORTLAND, Ore., Feb. 17, 2026 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) ("PGE" or the "Company"), an integrated energy company, today announced the commencement of an underwritten public offering of $480,000,000 of shares of its common stock, all of…
·Chandler, United States
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Total News Sources21
Leaning Left1Leaning Right0Center10Last UpdatedBias Distribution91% Center
Bias Distribution
- 91% of the sources are Center
91% Center
C 91%
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