• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Superconnector
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEW
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form SC 13G filed by Portland General Electric Co

    2/14/24 4:26:17 PM ET
    $POR
    Electric Utilities: Central
    Utilities
    Get the next $POR alert in real time by email
    SC 13G 1 atlas_por123123.htm



     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION
    Washington, DC 20549

     

    SCHEDULE 13G

     

    Under the Securities Exchange Act of 1934

    (Amendment No. )*



    PORTLAND GENERAL ELECTRIC COMPANY

    (Name of Issuer)

     

    Common Stock, no par value

    (Title of Class of Securities)

     

    736508847

    (CUSIP Number)

     

     

    December 31, 2023
    (Date of Event Which Requires Filing of this Statement)

     

    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

     

    x Rule 13d-1(b)

    o Rule 13d-1(c)

    o Rule 13d-1(d)

     

     

    *The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

     

    The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

     


     

    CUSIP No.  736508847
     SCHEDULE 13G
    Page 2 of 6 Pages

     

             
    1
    NAME OF REPORTING PERSONS
     
    ATLAS Infrastructure
    2
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (a) o
    (b) o
     
    3
    SEC USE ONLY
     
     
    4
    CITIZENSHIP OR PLACE OF ORGANIZATION
     
    United Kingdom
    NUMBER OF
    SHARES
    BENEFICIALLY
    OWNED BY
    EACH
    REPORTING
    PERSON
    WITH
    5
    SOLE VOTING POWER
     
    5,662,161
    6
    SHARED VOTING POWER
     
    0
    7
    SOLE DISPOSITIVE POWER
     
    5,662,161
    8
    SHARED DISPOSITIVE POWER
     
    0
    9
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
    5,662,161
    10
    CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
     
     
    o
    11
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
     
    5.6%
    12
    TYPE OF REPORTING PERSON
     
    IA

     


     

     

    CUSIP No. 736508847
     SCHEDULE 13G
    Page 3 of 6 Pages

     

    Item 1.(a) Name of Issuer

    PORTLAND GENERAL ELECTRIC COMPANY

    Item 1.(b) Address of Issuer’s Principal Executive Offices

    121 SW Salmon Street

    Portland, Oregon 97204

    Item 2.(a, b, c) Names of Person Filing, Address of Principal Business Office, Citizenship:

    ATLAS Infrastructure

    3rd Floor, 25 Watling Street

    London, England, EC4M 9BR

      

    Item 2.(d) Title of Class of Securities

    Common Stock, no par value (the “Common Stock”)

     

    Item 2.(e) CUSIP No.:

    736508847

     

    CUSIP No.  736508847
     SCHEDULE 13G
    Page 4 of 6 Pages

     

     

    Item 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

      (a) ¨ Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
     
      (b) ¨ Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
     
      (c) ¨ Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
     
      (d) x Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
     
      (e) o An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
     
      (f) ¨ An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
     
      (g) ¨ A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
     
      (h) ¨ A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
     
      (i) ¨ A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
     
      (j) ¨ A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J);
     
      (k) ¨ A group, in accordance with §240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution:                            
           

     

    CUSIP No. 736508847
     SCHEDULE 13G
    Page 5 of 6 Pages

     

     

    Item 4. Ownership

    Information with respect to the Reporting Person’s ownership of the Common Stock as of December 31, 2023, is incorporated by reference to items (5) - (9) and (11) of the cover page for the Reporting Person.

    The amount beneficially owned by the Reporting Person is determined based on 101,123,903 shares of Common Stock outstanding as of October 20, 2023, as the Issuer reported in its Form 10-Q filed with the SEC on October 27, 2023.

    Item 5. Ownership of Five Percent or Less of a Class

    If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ].

    Item 6. Ownership of More Than Five Percent on Behalf of Another Person

    Not Applicable.

    Item 7. Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company or Control Person

    Not Applicable.

    Item 8. Identification and Classification of Members of the Group

    Not Applicable.

    Item 9. Notice of Dissolution of Group 

    Not Applicable.

    Item 10. Certification

    By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

     

     
    CUSIP No. 736508847
     SCHEDULE 13G
    Page 6 of 6 Pages

     

     

    SIGNATURE

     

    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

     

    Dated: February 14, 2024

     

     

     

     

    ATLAS Infrastructure

           
      By:  /s/ Carl Chambers
        Carl Chambers, Chief Compliance Officer
           
           

     

    Get the next $POR alert in real time by email

    Crush Q3 2025 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $POR

    DatePrice TargetRatingAnalyst
    5/14/2025Overweight → Sector Weight
    KeyBanc Capital Markets
    5/13/2025$46.00Market Perform
    BMO Capital Markets
    5/5/2025$50.00Neutral → Buy
    UBS
    4/10/2025$44.00Overweight → Neutral
    Analyst
    2/18/2025$42.00Buy → Neutral
    Ladenburg Thalmann
    1/3/2025$52.00 → $47.00Buy → Neutral
    UBS
    9/25/2024$54.00Outperform
    Evercore ISI
    9/20/2024$48.00Hold
    Jefferies
    More analyst ratings

    $POR
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    View All

    Portland Gen Elec downgraded by KeyBanc Capital Markets

    KeyBanc Capital Markets downgraded Portland Gen Elec from Overweight to Sector Weight

    5/14/25 8:58:09 AM ET
    $POR
    Electric Utilities: Central
    Utilities

    BMO Capital Markets initiated coverage on Portland Gen Elec with a new price target

    BMO Capital Markets initiated coverage of Portland Gen Elec with a rating of Market Perform and set a new price target of $46.00

    5/13/25 9:44:55 AM ET
    $POR
    Electric Utilities: Central
    Utilities

    Portland Gen Elec upgraded by UBS with a new price target

    UBS upgraded Portland Gen Elec from Neutral to Buy and set a new price target of $50.00

    5/5/25 8:34:55 AM ET
    $POR
    Electric Utilities: Central
    Utilities

    $POR
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    View All

    EVP, COO Felton Benjamin bought $522 worth of shares (11 units at $47.49), increasing direct ownership by 0.04% to 30,153 units (SEC Form 4)

    4 - PORTLAND GENERAL ELECTRIC CO /OR/ (0000784977) (Issuer)

    9/13/24 1:55:36 PM ET
    $POR
    Electric Utilities: Central
    Utilities

    $POR
    SEC Filings

    View All

    SEC Form 144 filed by Portland General Electric Co

    144 - PORTLAND GENERAL ELECTRIC CO /OR/ (0000784977) (Subject)

    8/6/25 1:55:35 PM ET
    $POR
    Electric Utilities: Central
    Utilities

    Portland General Electric Co filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

    8-K - PORTLAND GENERAL ELECTRIC CO /OR/ (0000784977) (Filer)

    7/25/25 5:10:59 PM ET
    $POR
    Electric Utilities: Central
    Utilities

    SEC Form 424B5 filed by Portland General Electric Co

    424B5 - PORTLAND GENERAL ELECTRIC CO /OR/ (0000784977) (Filer)

    7/25/25 5:00:04 PM ET
    $POR
    Electric Utilities: Central
    Utilities

    $POR
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    PGE Energizes 475 MW of Battery Energy Storage to Boost Grid Reliability and Keep Costs Low for Oregonians

    PORTLAND, Ore., Aug. 7, 2025 /PRNewswire/ -- Portland General Electric (PGE) today announces the completion of three new utility-scale battery energy storage systems, adding 475 megawatts (MW) and more than 1.9 gigawatt hours (GWh) of dispatchable capacity to serve the Portland metro area. Together, these three facilities can power roughly 300,000 homes for four hours during peak demand or when power is limited due to weather or unexpected interruptions. Additionally, they offer flexibility and backup capacity to ensure that PGE customers have access to electricity when they n

    8/7/25 7:48:00 AM ET
    $POR
    Electric Utilities: Central
    Utilities

    Portland General Electric Announces Second Quarter 2025 Results

    Second quarter financial results reflect significant demand growth from data center customers, driving 16.5% industrial load growth quarter-over-quarterAdvancing recovery of the Seaside battery, distribution system investments and holding company structureReaffirming 2025 adjusted earnings guidance of $3.13 to $3.33 per diluted sharePORTLAND, Ore., July 25, 2025 /PRNewswire/ -- Portland General Electric Company (NYSE:POR) today reported net income based on generally accepted accounting principles (GAAP) of $62 million, or $0.56 per diluted share, for the second quarter of 2025. After adjusting for the impact of business transformation and optimization expenses, second quarter 2025 non-GAAP n

    7/25/25 5:00:00 AM ET
    $POR
    Electric Utilities: Central
    Utilities

    Portland General Electric declares dividend

    PORTLAND, Ore., July 18, 2025 /PRNewswire/ -- On July 18, 2025, the board of directors of Portland General Electric Company (NYSE:POR) declared a quarterly common stock dividend of $0.525 per share. 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 October 15, 2025, to shareholders of record at the close of business on September 25, 2025. About Portland General Electric CompanyPortland General Electric (NYSE:POR) is an integrated energy company that generates, transmits and distributes electricity to over 950,000 customers serving an

    7/18/25 6:00:00 PM ET
    $POR
    Electric Utilities: Central
    Utilities

    $POR
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    View All

    Vice President Mcfarland John Carter sold $92,725 worth of shares (2,190 units at $42.34), decreasing direct ownership by 10% to 20,819 units (SEC Form 4)

    4 - PORTLAND GENERAL ELECTRIC CO /OR/ (0000784977) (Issuer)

    8/7/25 2:13:36 PM ET
    $POR
    Electric Utilities: Central
    Utilities

    SVP, Finance CFO Trpik Joseph R Jr was granted 719 shares, covered exercise/tax liability with 2,987 shares and sold $107,634 worth of shares (2,603 units at $41.35), decreasing direct ownership by 15% to 27,089 units (SEC Form 4)

    4 - PORTLAND GENERAL ELECTRIC CO /OR/ (0000784977) (Issuer)

    8/4/25 12:56:39 PM ET
    $POR
    Electric Utilities: Central
    Utilities

    Vice President, CIO Kochavatr John Teeruk sold $246,900 worth of shares (6,000 units at $41.15), decreasing direct ownership by 20% to 24,609 units (SEC Form 4)

    4 - PORTLAND GENERAL ELECTRIC CO /OR/ (0000784977) (Issuer)

    8/1/25 1:19:24 PM ET
    $POR
    Electric Utilities: Central
    Utilities

    $POR
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    SEC Form SC 13G filed by Portland General Electric Co

    SC 13G - PORTLAND GENERAL ELECTRIC CO /OR/ (0000784977) (Subject)

    2/14/24 4:26:17 PM ET
    $POR
    Electric Utilities: Central
    Utilities

    SEC Form SC 13G/A filed by Portland General Electric Co (Amendment)

    SC 13G/A - PORTLAND GENERAL ELECTRIC CO /OR/ (0000784977) (Subject)

    2/13/24 4:55:56 PM ET
    $POR
    Electric Utilities: Central
    Utilities

    SEC Form SC 13G/A filed by Portland General Electric Co (Amendment)

    SC 13G/A - PORTLAND GENERAL ELECTRIC CO /OR/ (0000784977) (Subject)

    2/13/24 4:42:36 PM ET
    $POR
    Electric Utilities: Central
    Utilities

    $POR
    Financials

    Live finance-specific insights

    View All

    Portland General Electric Announces Second Quarter 2025 Results

    Second quarter financial results reflect significant demand growth from data center customers, driving 16.5% industrial load growth quarter-over-quarterAdvancing recovery of the Seaside battery, distribution system investments and holding company structureReaffirming 2025 adjusted earnings guidance of $3.13 to $3.33 per diluted sharePORTLAND, Ore., July 25, 2025 /PRNewswire/ -- Portland General Electric Company (NYSE:POR) today reported net income based on generally accepted accounting principles (GAAP) of $62 million, or $0.56 per diluted share, for the second quarter of 2025. After adjusting for the impact of business transformation and optimization expenses, second quarter 2025 non-GAAP n

    7/25/25 5:00:00 AM ET
    $POR
    Electric Utilities: Central
    Utilities

    Portland General Electric declares dividend

    PORTLAND, Ore., July 18, 2025 /PRNewswire/ -- On July 18, 2025, the board of directors of Portland General Electric Company (NYSE:POR) declared a quarterly common stock dividend of $0.525 per share. 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 October 15, 2025, to shareholders of record at the close of business on September 25, 2025. About Portland General Electric CompanyPortland General Electric (NYSE:POR) is an integrated energy company that generates, transmits and distributes electricity to over 950,000 customers serving an

    7/18/25 6:00:00 PM ET
    $POR
    Electric Utilities: Central
    Utilities

    Portland General Electric schedules earnings release and conference call for Friday, July 25

    PORTLAND, Ore., June 25, 2025 /PRNewswire/ -- Portland General Electric Company (NYSE:POR) announced today that it will host an analyst conference call and webcast at 11 a.m. ET on Friday, July 25, to review its second quarter 2025 financial results. Portland General Electric plans to release its second quarter 2025 earnings summary before financial markets open in the United States on July 25.  The conference call will be hosted by Maria Pope, President and CEO; Joe Trpik, Senior Vice President of Finance and CFO; and Nick White, Manager of Investor Relations. To hear the con

    6/25/25 6:00:00 PM ET
    $POR
    Electric Utilities: Central
    Utilities

    $POR
    Leadership Updates

    Live Leadership Updates

    View All

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

    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. "Joining the CAISO Extended Day-Ahead Market is a significant next step toward an integrated regional system that will deliver cost savings and enhanced reliability for PGE customers," said Maria Pope, PGE

    3/21/24 2:50:00 PM ET
    $POR
    Electric Utilities: Central
    Utilities

    Portland General Electric Names Joseph Trpik Chief Financial Officer

    Experienced energy executive brings over two decades of financial expertise PORTLAND, Ore., June 15, 2023 /PRNewswire/ -- Portland General Electric (PGE) (NYSE:POR) today announced the appointment of Joseph (Joe) Trpik as chief financial officer and senior vice president, effective June 30, 2023. Trpik will succeed PGE's CFO, Jim Ajello, who previously announced plans to retire and will serve as a senior advisor through August 31, 2023. "We are pleased to welcome Joe to PGE," said Maria Pope, president and CEO. "At a time when the energy industry is becoming more complex, Joe's deep industry and financial expertise will be invaluable as we invest for growth, manage  costs and deliver safe, r

    6/15/23 5:59:48 PM ET
    $POR
    Electric Utilities: Central
    Utilities

    Benjamin Felton joins Portland General Electric as Chief Operating Officer

    Energy executive brings deep industry knowledge, strong leadership and proven operating expertise to PGE's commitment to delivering safe, reliable and affordable clean energy. PORTLAND, Ore., March 20, 2023 /PRNewswire/ -- Portland General Electric (PGE) (NYSE:POR) announced the appointment of Benjamin (Ben) Felton as the company's new Chief Operating Officer, effective April 3, 2023. In his role, Felton will lead the utility operations groups, including generation, distribution, engineering, project management, environmental, construction, safety and other operations-focused areas. "We are pleased to welcome Ben to PGE," said Maria Pope, president and CEO. "Ben brings a wealth of experience

    3/20/23 1:00:00 PM ET
    $POR
    Electric Utilities: Central
    Utilities