Business Digest.Byline: The Register-Guard
OREGON Oregon, city, United States
Oregon, city (1990 pop. 18,334), Lucas co., NW Ohio, a suburb adjacent to Toledo, on Lake Erie; inc. 1958. It is a port with railroad-owned and -operated docks. The city has industries producing oil, chemicals, and metal products.
Sale of Portland utility falls apart
PORTLAND - Enron Corp. said Thursday it has agreed to call off the sale of Portland General Electric This article is not to be confused with PG&E, a San Francisco, California-based utility company
Portland General Electric (PGE) (NYSE: POR) is an electrical utility, formerly owned by the Houston-based Enron Corporation (but now independent), that distributes electricity to , a $1.8 billion deal that was struck just weeks before the Houston-based energy giant collapsed in bankruptcy bankruptcy, in law, settlement of the liabilities of a person or organization wholly or partially unable to meet financial obligations. The purposes are to distribute, through a court-appointed receiver, the bankrupt's assets equitably among creditors and, in most last December.
Enron had planned to sell PGE PGE Pacific Gas and Electric Company
PGE Portland General Electric
PGE Prostaglandin E
PGE Platinum Group Elements
PGE Pacific Great Eastern (Railroad)
PGE Phenyl Glycidyl Ether
PGE Perfect Girl Evolution , the largest and oldest utility in Oregon, to Northwest Natural Gas Co. Both are based in Portland. NW Natural Chairman Richard Reiten said the Enron collapse posed too many problems.