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PORTLAND, Ore. (AP) - Portland General Electric said Monday it will make its divorce from Enron Corp. final on April 3, which it becomes a publicly traded company.
The move will mark the end of a decade in which Oregon's largest utility was enmeshed in the West Coast energy shortage, nicked by the dot-com boom and bust and dragged into the accounting scandal that sent Enron, its parent, into collapse. The utility's stock will be traded on the New York Stock Exchange, under the ticker symbol POR.
PGE, an Enron subsidiary, generates and buys electricity to serve about 775,000 customers, mainly in the northern Willamette River valley, including the Portland area and Salem.
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