Portland General Electric announces 2024 financial results and initiates 2025 earnings guidance
1. PGE's 2024 GAAP net income was $313 million, up from $228 million in 2023. 2. Initiating 2025 earnings guidance between $3.13 and $3.33 per share. 3. Introduced $1.26 billion in capital projects for grid modernization and clean energy. 4. Achieved $1 gigawatt-wind production with Clearwater Wind Energy Facility operational. 5. Decreased operating expenses attributed to capital recovery and wholesale revenue increases.