Portland General Electric has announced a major strategic initiative: the acquisition of the utility operations division and selected assets of Pacific Power in Washington State.
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Meanwhile, the company released its financial performance report for fiscal year 2025, showcasing its operational results in a complex market environment. Based on the current business development trend and the synergies brought by this acquisition, the company's management also issued preliminary earnings guidance for fiscal year 2026, providing the market with a forward-looking expectation of future performance.
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