PGE

Vallourec progresses its holistic balance sheet refinancing with successful pricing of its 2032 Senior Notes offering

Retrieved on: 
Thursday, April 18, 2024
Sale, Prospectus, Person, Investment, Nature, RCF, EEA, Finance, FSMA, S&P, Environment, Senior, Vallourec, Order, Financial services, PGE, Security (finance)

The offering of the Notes is expected to close on April 23, 2024, subject to customary closing conditions.

Key Points: 
  • The offering of the Notes is expected to close on April 23, 2024, subject to customary closing conditions.
  • Philippe Guillemot, Chairman of the Board of Directors, and Chief Executive Officer, declared: “I am extremely pleased with the results of this transaction and our overall balance sheet refinancing.
  • This step further strengthens Vallourec's financial position and sustainably improves its cash flow generation.
  • The completion of this transaction will give us both greater visibility and financial flexibility over the coming years.

Vallourec announces an offering of $820 million of 8-year Senior Notes

Retrieved on: 
Tuesday, April 16, 2024
Debt-to-GDP ratio, Sale, Prospectus, Person, Offering, ABL, Investment, Nature, RCF, EEA, Finance, FSMA, Environment, Amend, Vallourec, Order, Financial services, PGE, Security (finance)

Meudon (France), April 16, 2024 – Vallourec, a world leader in premium tubular solutions, announces today the launch of an offering of its Senior Notes due 2032 (the “Notes”) in an aggregate principal amount of $820 million (the “Offering”).

Key Points: 
  • Meudon (France), April 16, 2024 – Vallourec, a world leader in premium tubular solutions, announces today the launch of an offering of its Senior Notes due 2032 (the “Notes”) in an aggregate principal amount of $820 million (the “Offering”).
  • This press release is not an offer of securities for sale in the United States.
  • This announcement does not constitute a prospectus within the meaning of the Prospectus Regulation or an offer to the public.
  • This announcement does not constitute a prospectus within the meaning of the UK Prospectus Regulation or an offer to the public.

Portland General Electric declares dividend

Retrieved on: 
Friday, April 19, 2024
Portland General Electric, PGE

PORTLAND, Ore., April 19, 2024 /PRNewswire/ -- On April 19, 2024, the board of directors of Portland General Electric Company (NYSE: POR) declared a quarterly common stock dividend of $0.50 per share, representing an increase of 5.3%, or $0.10 per share, on an annualized basis.

Key Points: 
  • PORTLAND, Ore., April 19, 2024 /PRNewswire/ -- On April 19, 2024, the board of directors of Portland General Electric Company (NYSE: POR) declared a quarterly common stock dividend of $0.50 per share, representing an increase of 5.3%, or $0.10 per share, on an annualized basis.
  • The company's dividend is evaluated based on capital requirements and financial performance.
  • PGE targets a dividend payout ratio of 60 to 70% over the long term.
  • The quarterly dividend is payable on or before July 15, 2024, to shareholders of record at the close of business on June 24, 2024.

Portland General Electric announces intent to join CAISO EDAM regional energy market to benefit customers, environment

Retrieved on: 
Thursday, March 21, 2024
Sacramento Municipal Utility District, Research, California Independent System Operator, PGE, Wind, Public utility, Portland General Electric, Water, PacifiCorp, Pacific Northwest, WEIM, CAISO, Renewable energy

PORTLAND, Ore., March 21, 2024 /PRNewswire/ -- Portland General Electric (NYSE:POR) announced plans to join the California Independent System Operator's (CAISO) Extended Day-Ahead Market (EDAM) to help provide Portland General Electric (PGE) and the customers it serves with access to more affordable, reliable and clean energy.

Key Points: 
  • Participation in California Independent System Operator (CAISO) Extended Day-Ahead Market (EDAM) to enhance affordability, reliability and access to clean power.
  • PORTLAND, Ore., March 21, 2024 /PRNewswire/ -- Portland General Electric (NYSE:POR) announced plans to join the California Independent System Operator's (CAISO) Extended Day-Ahead Market (EDAM) to help provide Portland General Electric (PGE) and the customers it serves with access to more affordable, reliable and clean energy.
  • Cost benefit analysis research commissioned by PGE concluded the EDAM is likely to provide the greatest economic benefit compared to alternative market options.
  • The EDAM extends the success of CAISO's Western Energy Imbalance Market (WEIM), a real-time, wholesale energy market that PGE joined in 2017 and that produces cost savings for PGE customers.

PGE outlines progress and purpose in 2023 Environmental, Social and Governance report

Retrieved on: 
Thursday, March 7, 2024
PGE, Sustainability, Clackamas River, Investment, Social, Portland General Electric, Salmon, Annual report, Safety, Confederated Tribes, Workforce, Integrated Resource Plan, Renewable energy

PORTLAND, Ore., March 6, 2024 /PRNewswire/ -- Portland General Electric (PGE) released its 2023 Environmental, Social and Governance Report, the annual report that showcases PGE's progress to support resilient energy ecosystems, thriving communities and teams and ethical governance.

Key Points: 
  • Report shares PGE's progress in delivering reliable, affordable, accessible energy services while leading the transition to a clean energy future.
  • PORTLAND, Ore., March 6, 2024 /PRNewswire/ -- Portland General Electric (PGE) released its 2023 Environmental, Social and Governance Report, the annual report that showcases PGE's progress to support resilient energy ecosystems, thriving communities and teams and ethical governance.
  • This year's report outlines the company's ongoing and meaningful engagement with communities and stakeholders to find equitable solutions to a clean energy future and investments in the workforce of the future.
  • Total charitable giving from the Company, employees, retirees and the PGE Foundation exceeded $4.6 million.

Enact Study Reveals California Residential Solar Customers can Achieve Return on Investment of 4.8 years of NEM 3.0 Scheme

Retrieved on: 
Tuesday, February 20, 2024
PGE, NEM, Solar System, PG&E, Friction, Research, Entrepreneurship, Climate, ROI, Renewable energy

PLEASANTON, Calif., Feb. 20, 2024 /PRNewswire/ -- California Residential Solar Customers buying on the NEM 3.0 scheme in PG&E are now able to achieve a return on investment (ROI) of 4.8 years in 2024, according to research from award-winning intelligent solar platform, Enact Solar.

Key Points: 
  • Enact Solar publishes the latest study on the recent PG&E rate hike and market pricing for solar/storage hardware, revealing an improved Return on Investment (ROI) for Californian solar customers.
  • PLEASANTON, Calif., Feb. 20, 2024 /PRNewswire/ -- California Residential Solar Customers buying on the NEM 3.0 scheme in PG&E are now able to achieve a return on investment (ROI) of 4.8 years in 2024, according to research from award-winning intelligent solar platform, Enact Solar.
  • Similarly, solar-plus-storage customers can now achieve ROI of 5.5 year versus 7.6 years for customers who signed on in 2023.
  • Moreover, our innovative app works to integrate and simplify solar sales proposals, thus boosting ROI levels for our residential solar customers in California."

Enact Study Reveals California Residential Solar Customers can Achieve Return on Investment of 4.8 years of NEM 3.0 Scheme

Retrieved on: 
Tuesday, February 20, 2024
PGE, NEM, Solar System, PG&E, Friction, Research, Entrepreneurship, Climate, ROI, Renewable energy

PLEASANTON, Calif., Feb. 20, 2024 /PRNewswire/ -- California Residential Solar Customers buying on the NEM 3.0 scheme in PG&E are now able to achieve a return on investment (ROI) of 4.8 years in 2024, according to research from award-winning intelligent solar platform, Enact Solar.

Key Points: 
  • Enact Solar publishes the latest study on the recent PG&E rate hike and market pricing for solar/storage hardware, revealing an improved Return on Investment (ROI) for Californian solar customers.
  • PLEASANTON, Calif., Feb. 20, 2024 /PRNewswire/ -- California Residential Solar Customers buying on the NEM 3.0 scheme in PG&E are now able to achieve a return on investment (ROI) of 4.8 years in 2024, according to research from award-winning intelligent solar platform, Enact Solar.
  • Similarly, solar-plus-storage customers can now achieve ROI of 5.5 year versus 7.6 years for customers who signed on in 2023.
  • Moreover, our innovative app works to integrate and simplify solar sales proposals, thus boosting ROI levels for our residential solar customers in California."

Novo Resources Business Review

Retrieved on: 
Thursday, February 8, 2024
Quartz, Diamond, Lithium, RC, Petrology, Magnesium oxide, CAI, AC, NGP, Project, Priority, Acquisition, Withnell, Lost Time, Lead, Gold, Copper, Heckmair, PGE, Sociedad, Morazán, Investment, Clutch (eggs), Sale, Silver, Research, Rehabilitation, JV, Feasibility study, Aboriginal title, LCT, Mining

Novo is in a strong financial position to continue its aggressive exploration focus in Western Australia.

Key Points: 
  • Novo is in a strong financial position to continue its aggressive exploration focus in Western Australia.
  • Ongoing focus on working with traditional owners to ensure Novo progresses exploration programs with respect for their cultural and heritage traditions.
  • The Egina Gold Camp is Novo Resources Corp’s (Novo of the Company) highly prospective gold belt located in the Pilbara, which includes the priority Becher and Nunyerry North projects (Figure 1).
  • Novo sold its Nullagine Gold Project (NGP) to Calidus Resources following the conclusion of a strategic review.

Portland General Electric issues All-Source Request for Proposal for renewable and non-emitting energy projects to meet growing customer demand

Retrieved on: 
Monday, February 5, 2024
Oregon Public Utility Commission, Integrated Resource Plan, History, Energy supply, OPUC, Portland General Electric, RFP, PGE, Renewable energy

PORTLAND, Ore., Feb. 5, 2024 /PRNewswire/ -- On Friday, February 2, Portland General Electric (PGE) issued to market its 2023 All-Source Request for Proposal (RFP), seeking bids for resources that can provide non-emitting dispatchable capacity and renewable generation projects. This RFP is PGE's largest open application process to date and is the first in the company's recent history to provide a flexible timeline for the start of operations. The scope and scale of this procurement process demonstrates PGE's commitment to reliability for customers during the clean energy transition.

Key Points: 
  • PORTLAND, Ore., Feb. 5, 2024 /PRNewswire/ -- On Friday, February 2, Portland General Electric (PGE) issued to market its 2023 All-Source Request for Proposal (RFP), seeking bids for resources that can provide non-emitting dispatchable capacity and renewable generation projects.
  • The scope and scale of this procurement process demonstrates PGE's commitment to reliability for customers during the clean energy transition.
  • "Our aim is to attract broad participation from energy developers with projects that offer reliability, flexibility and maximum customer value."
  • More information about the RFP process, deadlines, and schedule, along with filed documents, can be found at portlandgeneral.com/rfp .

Bolivia Construction Industry Report 2023: Output Projected to Grow by 2.4% in Real Terms for 2023 Before Recording an AAGR of 4.1% for 2024-2027 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, January 31, 2024
Construction & Property, Other Construction & Property, Lithium, Competitive landscape, Growth, DLE, Assessment, Renewable energy, PDES, CBC, Investment, General State Budget, Economy, Construction, Risk, Forecasting, PGE

Construction industry in Bolivia to expand by 2.4% in real terms in 2023, before recording average annual growth of 4.1% from 2024 to 2027.

Key Points: 
  • Construction industry in Bolivia to expand by 2.4% in real terms in 2023, before recording average annual growth of 4.1% from 2024 to 2027.
  • The industry's output over the forecast period will be supported by investments in the transport, renewable energy, and residential sectors.
  • In the General State Budget (PGE) for 2023, BOB27.6 billion ($4 billion) was allocated for public investment this year.
  • Historical (2018-2022) and forecast (2023-2027) valuations of the construction industry in Bolivia, featuring details of key growth drivers.