Portland General Electric Raises Large-Load Capacity Growth Forecast to 12% Through 2030

Portland General Electric (PGE) raised its forecast for annual capacity growth from large-load customers to about 12% through 2030 and lowered its 2026 adjusted EPS outlook, pairing expansion expectations with a reduced earnings forecast. The company set its full-year adjusted EPS range at $3.18 to $3.28 per diluted share. It maintained long-term earnings and dividend growth guidance of 5% to 7%. The capacity outlook includes a Verrus facility with capacity of up to 420 megawatts. Management cautioned that data-center usage can be choppy.

Source: TokenPost