U.S. DOE Grants $250M To Confederated Tribes Of Warm Springs, In Partnership With PGE, For Critical Transmission Upgrades
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The U.S. Department of Energy (DOE) has granted $250 million to the Confederated Tribes of Warm Springs, in partnership with Portland General Electric (PGE), for critical transmission upgrades.
October 18, 2023 | 7:43 pm
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Portland General Electric (PGE) has been granted $250 million by the U.S. DOE in partnership with the Confederated Tribes of Warm Springs for critical transmission upgrades.
The grant from the U.S. DOE will allow PGE to upgrade its transmission infrastructure, which could improve its operational efficiency and reliability. This could potentially lead to increased revenues and profitability in the future, positively impacting its stock price in the short term.
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