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Portland GE Updates Bidder Shortlist for 2023 RFP

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Portland GE Updates Bidder Shortlist for 2023 RFP

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The latest announcement is out from Portland GE ( (POR) ).

On October 1, 2025, Portland General Electric Company submitted a regulatory filing to the Public Utility Commission of Oregon to acknowledge an updated final shortlist of bidders for the 2023 All-Source Request for Proposal. This update follows the July 4, 2025 passage of House Resolution 1, which allowed bidders to refresh their pricing. The shortlist aims to meet PGE’s resource needs and support Oregon’s decarbonization goals, with projects expected to be in service by the end of 2027. The updated shortlist is part of PGE’s broader procurement strategy, which includes additional renewable energy and non-emitting capacity initiatives. However, the projects face risks such as regulatory processes, inflation, and supply chain constraints.

The most recent analyst rating on (POR) stock is a Buy with a $47.00 price target. To see the full list of analyst forecasts on Portland GE stock, see the POR Stock Forecast page.

Spark’s Take on POR Stock

According to Spark, TipRanks’ AI Analyst, POR is a Outperform.

Portland GE’s overall stock score reflects strong industrial growth and successful cost management, as highlighted in the earnings call. The technical analysis supports a positive trend, while the valuation is reasonable with an attractive dividend yield. However, financial performance is constrained by high leverage and negative free cash flow, posing potential risks.

To see Spark’s full report on POR stock, click here.

More about Portland GE

Portland General Electric Company (PGE) operates in the energy sector, focusing on providing non-emitting dispatchable capacity and renewable generation. The company is committed to customer affordability, system reliability, and decarbonization, aligning with Oregon’s environmental goals.

Average Trading Volume: 1,180,222

Technical Sentiment Signal: Strong Buy

Current Market Cap: $4.75B

For a thorough assessment of POR stock, go to TipRanks’ Stock Analysis page.

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