Investor Presentaiton
Update on the 2021 RFP processes
Project Name
Project Location
Project Type
PGE Ownership %
Total Nameplate Capacity
PGE Nameplate Capacity
Net PGE Capital Cost (excluding AFUDC)
Estimated In-Service Date
Key Project Counterparty
EPC/Supplier Contractor(s)
Regulatory Recovery Method
Clearwater Wind (1)
Eastern Montana
Wind
67%
311 MW
208 MW
$415 million
12/31/2023
NextEra Energy Resources, LLC
GE Renewable Energy, Inc.
Renewable Adjustment Clause
Continuing 2021 RFP Processes
With the execution of the Clearwater Wind
project, PGE is still seeking approximately:
75-200 MW of renewable resources
375 MW of non-emitting dispatchable
capacity resources that can be used to
meet peak customer demand
100 MW of renewable energy in support
of the Green Future Impact program's
PGE supply option
Remaining 2021 RFP Milestones
□ Q4 2022/Q1 2023 Expected execution
of final contracts with additional winning
bidders(2)
☐ Year-end 2024 Projects expected to be
in-service
(1) Note: Project which will be part of the larger Clearwater Wind development in Eastern Montana
(2) If procurement is expected to extend past the end of 2022, PGE intends to file a status report to the OPUC by December 1, 2022
PGE
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