Report
EUR 185.68 For Business Accounts Only

Portland General Electric Company: Portland General's material third-quarter trading losses are credit negative

INFRASTRUCTURE AND PROJECT FINANCE ISSUER COMMENT 25 August 2020 RATINGS Portland General Electric Company A3 stable Contacts Robert Petrosino CFA +1.212.553.1946 VP-Senior Analyst Brendan Sheehan +1.212.553.0402 VP-Sr Credit Officer Michael G. Haggarty +1.212.553.7172 Associate Managing Director Jim Hempstead +1.21
Underlying
Portland General Electric Company

Portland General Electric is an electric utility engaged in the generation, purchase, transmission, distribution, and retail sale of electricity in the state of Oregon. The company also participates in the wholesale market by purchasing and selling electricity and natural gas. The company's generating facilities consist of thermal plants (natural gas- and coal-fired), wind farms, and hydroelectric. The company owns or has contractual rights associated with transmission lines that deliver electricity from its generation facilities to its distribution system in its service territory and also to the Western Interconnection.

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Moody's Investors Service
Moody's Investors Service

Moody's Investors Service is a leading provider of credit ratings, research, and risk analysis. Moody's commitment and expertise contributes to transparent and integrated financial markets, protecting the integrity of credit. Our ratings and analysis track debt covering more than:

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