Investor Presentaiton

25 2016 Integrated Resource Plan A flexible, balanced plan that reflects our commitment to a low-carbon future and achieves the Oregon Clean Electricity Plan Renewables • Procured renewables (100 MWa) to help ensure Oregon Clean Electricity Plan • Wheatridge Renewable Energy Facility: • Split ownership and PPA (1) Resource capacity: • Wind • Solar • ⚫ Battery 300 MW online in 2020 50 MW online in 2021 30 MW online in 2021 Capacity need • Executed contracts for 300 MWs through RFP procurement process: • 200 MW of annual capacity with five-year terms beginning 2021 • 100 MW of seasonal peak capacity during summer and winter periods with a five-year term beginning 2019 Solar FIRST-OF-ITS-SCALE Wind RENEWABLE POWER FACILITY Wheatridge Renewable Energy Facility Battery storage (1) PGE will own 100 megawatts of the wind project. Subsidiaries of NextEra Energy Resources will own the balance of the project and sell its output to PGE under 30-year power purchase agreements PGE

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