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Stock impact report

Collins Aerospace and Luminace Partner with Common Energy to Support Community Solar Projects Across Portland [Yahoo! Finance]

Portland General Electric Co (POR) 
Last portland general electric co earnings: 4/24 05:00 am Check Earnings Report
US:NYSE Investor Relations: investors.portlandgeneral.com
Company Research Source: Yahoo! Finance
NEW YORK, March 26, 2024 BUSINESS WIRE )--Collins Aerospace, an RTX (NYSE: RTX) business, and Common Energy, a leading community solar provider, today announced a partnership to support a portfolio of four new community solar projects across the greater Portland area. In aggregate, the projects have a capacity of 12 megawatts and will generate 17 million kilowatt hours of clean energy each year. Clean electricity from the projects will flow directly to the electric grid and replace fossil fuel generation, thereby lowering carbon emissions and benefiting the broader Portland community. The projects will be owned and operated by Luminace, a wholly owned subsidiary of Brookfield Renewables. According to the provisions of Oregon's Community Solar Program, the projects will have a mix of commercial, residential and low-income subscribers. Each subscriber will receive credits on their electricity bills, proportional to their share of the projects, lowering their energy cost. In addition, Show less Read more
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